Date: October 06, 2026
Listing Approvals Received
South West Pinnacle Exploration Limited has received formal listing approval for 28,21,411 equity shares of ₹10 each issued at a premium of ₹122 per share (total issue price ₹132 per share). The shares were allotted on July 10, 2026 pursuant to conversion of share warrants issued to promoter and non-promoter categories on a preferential basis.
National Stock Exchange Approval:
- Received via letter No. NSE/LIST/56537 dated October 05, 2026
- Covers 28,21,411 equity shares with distinctive numbers from 29830012 to 32651422
- Approval is subject to confirmation from depositories (NSDL/CDSL) for credit of beneficiaries' accounts
Bombay Stock Exchange Approval:
- Received via Letter No. LOD/PREF/AA/FIP/882/2026-27 dated October 05, 2026
- Covers same 28,21,411 equity shares with distinctive numbers from 29830012 to 32651422
Next Steps for Trading Approval
The company must now:
- File listing approval from NSE with BSE (and vice versa if applicable)
- Obtain confirmation letters from NSDL/CDSL about crediting the shares to respective beneficiary accounts
- Obtain confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)
- Apply for trading approval to the stock exchanges within seven working days from the date of grant of listing approval (per SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023)
Regulatory Compliance Requirements
- The company must ensure compliance with Regulation 167 of SEBI (ICDR) Regulations
- In case of change exceeding two percent of the total paid-up share capital, the company shall file the shareholding pattern in XBRL mode as required under Regulations 31(1)(c) of SEBI LODR Regulations, 2015
- Non-compliance with trading approval application timeline will attract fines as per SEBI circular dated June 21, 2023