View document text
Date- August 12, 2026
Listing Department
Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai-400001
Scrip Code:543986
Ref: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations,2011 w.r.t. M/S South West Pinnacle Exploration Limited dated July 10, 2026
Sub: Submission of Disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011 in response to email dated August 12, 2026
Dear Sir/Madam,
This is with reference to the Disclosure made under Regulation 29(2) of the SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 in respect of M/s South West Pinnacle
Exploration Limited, submitted on July 10, 2026, and pursuant to the email received from BSE Limited
dated August 12, 2026 regarding the discrepancy observed in the said disclosure, We hereby submit
the revised disclosure incorporating the Date of Acquisition and Sale in the disclosure for your
information and records.
Hope this meets your requirement.
Thanking you,
Yours faithfully,
Vikas Jain
Promoter and on behalf of other Promoter/Promoter Group
South West Pinnacle Exploration Limited
Place: Gurgaon
Date:12/08/2026
Encl: As above
Copy to:-1.Company Secretary South West Pinnacle Exploration Limited
Date: 12/08/2026
To, To,
Listing Department Listing Department
National Stock Exchange of India Ltd. Bombay Stock Exchange Limited
Exchange Plaza, 5th Floor Plot No. C/1, Phiroze Jeejeebhoy Towers, Dalal Street,
G Block, Bandra-Kurla Mumbai-400001
Complex Mumbai 400051 Scrip Code:543986
SYMBOL: SOUTHWEST
Name of the Target Company: M/s South West Pinnacle Exploration Limited
Subject: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,2011
w.r.t. M/S South West Pinnacle Exploration Limited
Dear Sir/Madam,
Please find enclosed herewith Disclosure in the prescribed format under Regulation 29(2) of SEBI (Substantial Acquisition
of Shares and Takeovers) Regulations, 2011, w.r.t acquisition pursuant to allotment of equity shares made by the
Company upon conversion of warrants dated July 10, 2026 and disposal of shares through open market on June 29, 2026
and June 30, 2026.
You are requested to take the record.
Thanking you,
Yours faithfully,
Vikas Jain
Promoter and on behalf of other Promoter/Promoter Group
South West Pinnacle Exploration Limited
Place: Gurgaon
Date:12/08/2026
Encl: As above
Copy to:-1.Company Secretary
South West Pinnacle Exploration Limited
VIKAS JAIN
A-4PUSHPANJALI FARMS,BIJWASAN,NEWDELHI-110061
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,2011
Name of the Target Company (TC) South West Pinnacle Exploration Limited
Name(s) of the acquirer and Persons Acting in
Mr. Vikas Jain and Mr. Piyush Jain (Promoters)
Concert (PAC)
with the acquirer
Whether the acquirer belongs to Yes
Promoter/Promoter group
Name(s)of the Stock Exchange(s) where the National Stock Exchange of India Limited & BSE Limited
Shares of TC are Listed
Details of the acquisition/disposal as follows Number %w.r.t.total %w.r.t.
share/voting total diluted
capital share/voting
wherever Capital of
Applicable(*) The TC(**)
Before the acquisition/disposal under
consideration, holding (as per last disclosure dated
24/06/2026):
1,93,72,963 64.94 66.28
a) Shares carrying voting rights
(Refer Note:1&3)
b) Shares in the nature of encumbrance
(pledge/lien/non−disposal −
undertaking/others)
c) Voting rights (VR) otherwise than by
- - -
shares
d) Warrants/convertible securities/any other 22,69,288 − −
(Refer Note: 1)
instrument that entitles the acquirer to
receive shares carrying voting rights in the
T C (specify holding in each
category)
a) Total (a+b+c+d) 2,16,42,251 64.94 66.28
i. (1,11,651) (0.37)
Details of acquisition/sale
(Refer Note:4)
a) Shares carrying voting rights acquired/sold ii. 22,69,288 (Refer Note:2) (Refer Note:2)
VIKAS JAIN
A-4PUSHPANJALI FARMS,BIJWASAN,NEWDELHI-110061
- - -
b) VRs acquired /sold otherwise than by
shares
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the (22,69,288) (Refer Note:2) (Refer Note:2)
TC (specify holding in each category)
acquired/sold
d) Shares encumbered / invoked/released by
the acquirer (Refer Note- 1)
e) Total (a+b+c+d) (1,11,651) (0.37) (0.34)
After the acquisition/sale, holding of:
a) Shares carrying voting rights
2,15,30,600 65.94% 65.94%
(Refer Note 3) - -
b) Shares encumbered with the acquirer
c) VRs otherwise than by shares -
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each
category) after acquisition
e) Total (a+b+c+d) 2,15,30,600 65.94% 65.94%
Mode of acquisition / sale (e.g. open market / off- 1. Allotment of Equity Shares pursuant to conversion of
Warrants.
market /public issue / rights issue / preferential
2. Sale in Open Market.
allotment / inter-se transfer etc).
Date of acquisition / sale of shares / VR or date of 1. Sale in Open Market- June 29, 2026 and June 30,
receipt of intimation of allotment of shares, 2026 (Refer Annexure-A)
whichever is applicable 2. Allotment of Equity Shares pursuant to conversion of
Warrants -July 10, 2026 (Refer Note 1 & 2)
VIKAS JAIN
A-4PUSHPANJALI FARMS,BIJWASAN,NEWDELHI-110061
Equity share capital / total voting capital of the TC Rs.29,83,00,110 (2,98,30,011) equity shares of Rs. 10 each)
before the said acquisition / sale
Equity share capital/ total voting capital of the TC Rs.32,65,14,220 (3,26,51,422 equity shares of Rs .10 each)
after the said acquisition / sale [Refer Note No. 2]
Total diluted share/voting capital of the TC after the Rs.32,65,14,220 (3,26,51,422 equity shares of Rs .10 each)
said acquisition
*Note:
1. The Company on 21/02/2025 has made the preferential allotment of 28,21,411 warrants to Promoter and Non-
Promoters, and 19,27,611 equity shares to non-promoters. Out of the total 28,21,411 convertible warrants, the
Promoters, i.e., Mr. Vikas Jain had acquired 11,34,644 and Mr. Piyush Jain had acquired 11,34,644 convertible
warrants dated 21/02/2025.
Issue Price of Warrant was Rs. 132.20/warrant and warrants were carrying a right to subscribe to 1 Equity
Share per warrant on receipt of amount at the rate of Rs.33.05 per warrant (being 25% of the issue price per
warrant).
2. Pursuant to receipt of full consideration amount (i.e. issue price of ₹ 132.20/- for each warrant) and pursuant
to the exercise of rights of conversion of warrants into equity shares, the Company on July 10, 2026, has made
the allotment of 28,21,411 Equity Shares to Promoter and Non-Promoters.
Out of total 28,21,411 Equity Shares, the Promoters, i.e., Mr. Vikas Jain has acquired 11,34,644 & Mr. Piyush Jain
11,34,644 Equity Shares dated 10/07/2026 above. Total 22,69,288 Equity Shares are allotted to the promoters.
3. Diluted share/ voting capital means the total number of shares in the after the full conversion of the outstanding
convertible securities/warrants and allotment of equity shares of the Target Company.
4. The details of disposal of Equity Shares by the Promoters on different dates as per Annexure- A.
Vikas Jain
Promoter and on behalf of other Promoter/Promoter
Group South West Pinnacle Exploration Limited
Place: Gurgaon
Date: August 12, 2026
VIKAS JAIN
A-4PUSHPANJALI FARMS,BIJWASAN,NEWDELHI-110061
Annexure-A
Details of Disposal of Shares by the Promoters/Promoter Group of M/s. South West Pinnacle Exploration Limited
Date of Name of Promoter No of Shares Acquisition/Sale Mode of Sale
Acquisition/Sale (Acquirer/Transferor)
29/06/2026 Vikas Jain 40,593 Sale Open Market
30/06/2026 Vikas Jain 10, 953 Sale Open Market
30/06/2026 Piyush Jain 60, 105 Sale Open Market
Aggregate Disposal/Transfer 1,11, 651