South West Pinnacle Exploration Reports No Deviation in Use of Proceeds for Q4 FY26

1 min read     Updated on 15 Apr 2026, 05:35 PM
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South West Pinnacle Exploration Ltd filed a regulatory declaration confirming no deviation in use of proceeds from preferential issue of equity shares and share warrants for Q4 FY26. The securities were allotted on February 21, 2025, following an EGM resolution dated January 02, 2025. The company maintains compliance with SEBI regulations requiring quarterly disclosure of fund utilization from preferential issues.

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South West Pinnacle Exploration Ltd has submitted a regulatory declaration to stock exchanges confirming compliance with fund utilization norms for the quarter and year ended March 31, 2026. The company reported no deviation from stated objectives in the use of proceeds raised through preferential issue of equity shares and share warrants.

Regulatory Compliance Declaration

The declaration was filed pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019. This regulation mandates companies to disclose any deviation or variation in the use of proceeds from preferential issues on a quarterly basis.

Fund Utilization Details

The company confirmed that proceeds from the preferential issue have been utilized strictly in accordance with the objects stated in the explanatory statement to the resolution. The key details of the fund raising are outlined below:

Parameter: Details
Issue Type: Equity Shares & Share Warrants on Preferential Basis
Allotment Date: February 21, 2025
EGM Resolution Date: January 02, 2025
Reporting Period: Quarter and Year ended March 31, 2026
Deviation Status: No Deviation Reported

Corporate Information

South West Pinnacle Exploration Ltd, incorporated with CIN L13203HR2006PLC049480, operates from its registered and corporate office in Gurgaon, Haryana. The company holds ISO 9001:2015 certification and maintains its listing on both NSE (Symbol: SOUTHWEST) and BSE (Scrip Code: 543986).

Compliance Officer Statement

The declaration was digitally signed by Vaishali, Company Secretary and Compliance Officer, on April 15, 2026. The company has requested stock exchanges to acknowledge and record the compliance confirmation, emphasizing its commitment to regulatory transparency and adherence to prescribed fund utilization guidelines.

Historical Stock Returns for South West Pinnacle

1 Day5 Days1 Month6 Months1 Year5 Years
+2.16%+11.40%+28.35%+102.62%+117.42%+393.61%

What specific exploration projects or acquisitions will South West Pinnacle fund with the proceeds from the February 2025 preferential issue?

How might the company's successful fund utilization compliance impact investor confidence for potential future capital raises?

Will South West Pinnacle consider converting the outstanding share warrants in the current market conditions?

South West Pinnacle Exploration Limited Submits Q4FY26 Compliance Certificate Under SEBI Regulations

1 min read     Updated on 08 Apr 2026, 07:56 PM
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South West Pinnacle Exploration Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) to stock exchanges on April 08, 2026. The certificate from registrar MUFG Intime India confirmed no demat requests were received during the quarter and all shareholding remains in demat form as of March 31, 2026, demonstrating regulatory compliance.

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South West Pinnacle Exploration Limited has filed its quarterly compliance certificate with the National Stock Exchange of India and Bombay Stock Exchange for the quarter ended March 31, 2026. The submission fulfills the company's regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Compliance Certificate Details

The compliance certificate was issued by MUFG Intime India Private Limited, the company's registrar and share transfer agent, on April 08, 2026. The certificate addresses the requirements under Regulation 74(5) of SEBI regulations governing depositories and participants.

Parameter: Details
Quarter Ended: March 31, 2026
Certificate Date: April 08, 2026
Registrar: MUFG Intime India Private Limited
Regulation: SEBI (Depositories and Participants) Regulations, 2018

Key Confirmations

The registrar confirmed two critical aspects of the company's shareholding structure during the quarter:

  • No Demat Requests: MUFG Intime India confirmed that no demat requests were received for processing during the quarter ended March 31, 2026
  • Complete Dematerialization: All shareholding remained in demat form as of March 31, 2026

Regulatory Framework

The filing demonstrates South West Pinnacle Exploration Limited's compliance with SEBI's regulatory framework for listed companies. Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 mandates specific reporting requirements for companies regarding their shareholding patterns and dematerialization status.

Company and Registrar Information

South West Pinnacle Exploration Limited, an ISO 9001:2015 certified company, operates from its registered office in Sector-44, Gurgaon, Haryana. The compliance certificate was signed by Vaishali, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed.

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The certificate was authenticated by Bharat Bhushan, Assistant Vice President at MUFG Intime India.

Historical Stock Returns for South West Pinnacle

1 Day5 Days1 Month6 Months1 Year5 Years
+2.16%+11.40%+28.35%+102.62%+117.42%+393.61%

What exploration activities or project developments might South West Pinnacle announce in the upcoming quarters given their current compliance status?

How could the complete dematerialization of shares impact South West Pinnacle's potential for institutional investor participation or foreign investment?

Will South West Pinnacle consider any corporate actions like bonus issues or stock splits that might generate demat requests in future quarters?

More News on South West Pinnacle

1 Year Returns:+117.42%