Announced Thu, 25 Jun · 13:54 IST
Promoters sell 11.66 lakh shares (3.91%) via open market
SOUTHWEST · price
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Price reaction · full curve 14 horizons · vs prior close
-7.0%1-day move
₹231.30
prior close
₹223.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.1-0.1-7.0-7.0-6.0-6.6-1.9-4.1-2.0+2.5——
Up moveDown movePending
AI summary
Promoters Vikas Jain and Piyush Jain sold 11,65,820 shares (3.91% of total capital, 3.57% diluted) of South West Pinnacle Exploration through open market sales on June 22 and June 23, 2026. Promoter group holding fell from 68.85% to 64.94% (66.28% diluted). They continue to retain majority control.
Likely market impact
Open market selling by promoters can weigh on the stock short term, but they still hold a controlling 64.94% stake in the company.