Acquisition

South West Pinnacle Exploration Ltd. CIN No.: L13203HR2006PLC049480 Registered & Corporate Office: Ground Floor, Plot No. 15, Sector-44, Gurugram 122003, Haryana, India T: +91-124-4235400/01, E: info@southwestpinnacle.com W: www.southwestpinnacle.com Date: August 28, 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, G Block, Bandra-Kurla Dalal Street, Mumbai-400001 Complex Mumbai 400051 Script Code: 543986 SYMBOL: SOUTHWEST Subject: Intimation Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and in continuation of our earlier intimation dated July 06, 2026 regarding proposed investment/subscription of equity shares in the Right Issue of Alara Resources Limited (ARL, a listed Company on Australian Stock Exchange) by the Company (South West Pinnacle Exploration Limited/“SWPE”) along with Mr. Vikas Jain, Promoter, Chairman & Managing Director and Mr. Piyush Jain, Promoter, Joint Managing Director, subject to necessary approval/permission from shareholders of ARL, Australia etc. and also as per applicable regulatory frame work of India. In this regard, we wish to intimate that, ARL vide its confirmation email dated August 28, 2026 have communicated about the issue and allotment of shares to SWPE along-with Mr. Vikas Jain and Mr. Piyush Jain in the abovesaid Right issue as per the following details: - 1.South West Pinnacle Exploration Limited- 1,87,91,597 2. Mr. Vikas Jain- 67,86,889 3. Mr. Piyush Jain- 43,79,915 Post allotment the Rights Issue, the aggregate shareholding of SWPE, together with Mr. Vikas Jain and Mr. Piyush, has increased from 10.83% to 12.66%. In this regard, the information as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure I. This is for your information and records. Thanking you For South West Pinnacle Exploration Limited Vaishali Company Secretary & Compliance Officer South West Pinnacle Exploration Ltd. CIN No.: L13203HR2006PLC049480 Registered & Corporate Office: Ground Floor, Plot No. 15, Sector-44, Gurugram 122003, Haryana, India T: +91-124-4235400/01, E: info@southwestpinnacle.com W: www.southwestpinnacle.com Annexure-I 1. Name of the target entity, details in brief Alara Resources Ltd (ARL), listed on Australian Stock such as size, turnover etc. Exchange is an Australia-based mining and exploration company with operations currently focused in the Middle East and pursuing exploration and mining opportunities across Oman for copper and other metals including zinc, silver and gold etc. Turnover of ARL: Please refer point No.10 2. Whether the acquisition would fall within Alara Resources Limited (ARL), Australia related party transaction(s) and whether i. SWPE is having two joint ventures namely Alara the promoter/ promoter group/ group Resources LLC and Al Hadeetha Mining LLC (AHML) in companies have any interest in the entity Oman with ARL’s wholly owned subsidiary namely being acquired? If yes, nature of interest Alara Oman Operations Pty Limited (AOOP); and details thereof and whether the same ii. South West Pinnacle Exploration Limited along with is done at “arm’s length”; its promoters namely Mr. Vikas Jain, and Mr. Piyush Jain, is holding jointly 10.83% Equity shares in ARL prior to the present issue. iii. Mr. Vikas Jain, Promoter, Chairman & Managing Director of SWPE is also the director on the board of ARL. 3. Industry to which the entity being Mining and Exploration acquired belongs; 4. Objects and impact of acquisition i. Being in the same line of business, the investment would (including but not limited to, disclosure of entail synergies of operations which will be beneficial for reasons for acquisition of target entity, if SWPE in the times to come. its business is outside the main line of ii. In addition to above, the investment in JV in Oman with business of the listed entity); ARL subsidiary would also help in furtherance of SWPE business. 5. Brief details of any governmental or No, the investment is covered under automatic route of regulatory approvals required for the Foreign Exchange Management (Overseas Investment) acquisition Rules, 2022. 6. Indicative time period for completion of Not Applicable the acquisition; 7. consideration - whether cash Cash Consideration remitted through normal Banking consideration or share swap or any other Channel form and details of the same; 8. Cost of acquisition and/or the price at Issue Price AUD 0.032 per share which the shares are acquired; 9. Percentage of shareholding / control S. Name Pre Post acquired and / or number of shares No Shareholding Shareholding acquired; 1. SWPE 1,25,00,000 31,291,597 2. Mr. Vikas Jain 45,245,930 52,032,819 3. Mr. Piyush Jain 29,199,437 33,579,352 Total 86,945,367 116,903,768 Percentage 10.83% 12.66% South West Pinnacle Exploration Ltd. CIN No.: L13203HR2006PLC049480 Registered & Corporate Office: Ground Floor, Plot No. 15, Sector-44, Gurugram 122003, Haryana, India T: +91-124-4235400/01, E: info@southwestpinnacle.com W: www.southwestpinnacle.com 10. Brief background about the entity Alara Resources Ltd (ARL), listed on Australian Stock acquired in terms of products/line of Exchange, is an Australia-based mining and exploration business acquired, date of incorporation, company with operations currently focused in the Middle history of last 3 years turnover, country in East and pursuing exploration and mining opportunities which the acquired entity has presence across Oman for copper and other metals including zinc, and any other significant information (in silver and gold etc. brief); Last 3 year Turnover(As per audited accounts): 2025: AUD 55,122,260 2024: AUD 5,462,901 2023: NIL Date of Incorporation: 06.12.2006 Country of Presence: Perth, Australia