South West Pinnacle Exploration Capital Structure Change
South West Pinnacle Exploration Ltd approved the conversion of 28.21 lakh warrants into equity shares for Rs. 27.97 Crore.
- Value
- ₹27.97 Cr
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South West Pinnacle Exploration Ltd approved the conversion of 28.21 lakh warrants into equity shares for Rs. 27.97 Crore.
South West Pinnacle Exploration Ltd raised INR 27.97 Crore by issuing 2.82 million equity shares at ₹132.20 each. The preferential issue increased paid‑up capital to ₹32.65 Crore.
South West Pinnacle Exploration Ltd agreed to subscribe to Alara Resources' right issue. The transaction involves equity issuance and is subject to shareholder and regulatory approvals.
SOUTHWEST and promoters to subscribe ARL’s right issue up to AUD 59,769.32. This capital transaction is subject to shareholder and regulatory approvals.
South West Pinnacle will invest up to AUD 59,769.32 in Alara Resources' right issue. This capital transaction expands its stake in the Australian entity.