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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
South West Pinnacle Exploration Ltd

South West Pinnacle Exploration confirms full utilization of preferential issue proceeds

REGULATORY ● No Immediate Change LOW RISK
📅 Filed on BSE: 21 Jul 2026, 01:44 PM IST  ·  BSE ID: 6f9910ec-9245-4360-832d-9a21524a1074
View Original BSE Filing (PDF)
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In Simple Terms
The company stated all money raised from investors has been spent as planned, with no new spending this past quarter.
🤖 AI Summary
  • Company confirms full utilization of preferential issue proceeds till March 31, 2026.
  • Proceeds were used for objects stated in EGM notice dated January 02, 2025.
  • No funds utilized in the quarter ending June 30, 2026.
  • No deviation or variation in the use of funds reported.
  • Deviation/Variation statement not applicable for the quarter ended June 30, 2026.
🏢 How This Affects the Company
💰
Financial Impact
Confirms adherence to the planned use of funds from a past capital raise, reinforcing financial discipline.
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Risk Impact
Reduces risk associated with misallocation of funds from the preferential issue.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders regarding this declaration.
👤
Who Is Affected
All shareholders are informed of the company's compliance with fund utilization regulations.
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Management Signal
Management is demonstrating adherence to regulatory requirements regarding the utilization of funds from past capital raises.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Next quarterly results disclosure.
Any future capital raise announcements.
Announcements related to project utilization of funds.
LOW RISK The filing is a routine regulatory compliance disclosure and does not introduce new risks.
💡 Investor Takeaway
South West Pinnacle Exploration confirmed full utilization of preferential issue proceeds up to March 31, 2026, with no fund utilization or deviation in the quarter ending June 30, 2026.
❓ Frequently Asked Questions
What did South West Pinnacle Exploration declare regarding preferential issue proceeds?
The company declared full utilization of proceeds from a preferential issue up to March 31, 2026.
Was there any deviation in the use of funds by South West Pinnacle Exploration?
No, the company stated there was no deviation or variation in the use of funds for the objects stated.
Did South West Pinnacle Exploration utilize any preferential issue funds in the quarter ended June 30, 2026?
No, the company stated that there was no utilization of the proceeds during the quarter ended June 30, 2026.
Why is the Deviation or Variation statement not applicable for South West Pinnacle Exploration?
It is not applicable because there was no utilization of proceeds and no deviation or variation in the quarter ended June 30, 2026.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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