Q2 weak (~₹58 Cr revenue, 14.38% EBITDA margin) on monsoon, maintenance and diesel costs. H1 revenue up 16.3% on a record ₹767 Cr order book. Management repeats its FY27 15-20% growth target with hedging and deflects promoter stake-sale questions.
South West Pinnacle Exploration reported H1 FY27 revenue of Rs.1194 Mn (up 16% YoY) and PAT of Rs.133 Mn (up 23%), with a record order book of INR 7,671 Mn. The release also highlights Jharkhand coal block progress and Oman JVs.
South West Pinnacle Exploration has scheduled its board meeting for November 6, 2026, to approve Q2 and H1 FY27 unaudited results. No financial figures are disclosed in this advance notice.
South West Pinnacle obtained NSE and BSE trading approval for 28,21,411 warrant-conversion shares, listed from 29 October 2026. Allottees include promoters Vikas and Piyush Jain.
South West Pinnacle Exploration allotted 28.21 lakh equity shares following the conversion of warrants. The conversion fetched a total consideration of ₹27.97 Crore.
SWPE completed airborne geophysical survey over 1,400 km² Oman JV block. Twelve copper-gold prospect areas identified with peak 2.27% Cu in rock-chip samples.
South West Pinnacle received NSE and BSE listing approvals for 28,21,411 equity shares from warrant conversion at ₹132/share. Total issue value is approximately ₹37.24 Crore.
South West Pinnacle Exploration Limited announced the re-appointment of five directors to its board, including executive and independent directors, for three-year terms.
South West Pinnacle Exploration Limited conducted its 20th Annual General Meeting on September 28, 2026, through video conferencing to approve financial statements and director reappointments.
Promoter Vikas Jain and Piyush Jain sold 13,85,838 shares of South West Pinnacle Exploration Ltd in the open market. This reduces their stake by 4.24%.
South West Pinnacle completes geological report vetting for Jogeshwar Khas Coal Mine. The vetted report was submitted to Ministry of Coal, a key milestone toward development.
South West Pinnacle Exploration Ltd issued a notice for its 20th Annual General Meeting on September 28, 2026, covering financial adoptions and board reappointments.
South West Pinnacle Exploration Limited is acquiring additional equity stake in Alara Resources Ltd, Australia, for ₹4.22 Crore to strengthen operational synergies in mining.
South West Pinnacle Exploration Ltd is acquiring additional equity in Australian mining firm Alara Resources Ltd. The transaction involves 1.88 crore shares for approximately ₹3.37 Crore.