Announced Sat, 12 Sept, 2026 · 10:52 IST
Promoters sell 4.24 percent stake in South West Pinnacle via open market
SOUTHWEST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-6.8%1-day move
₹213.11
prior close
₹213.35
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-2.7-3.0-2.6-6.8-6.3-7.9-11.3-9.1-11.6-9.0———
Up moveDown movePending
AI summary
Promoters Vikas Jain and Piyush Jain sold 13,85,838 shares (4.24%) of South West Pinnacle Exploration in the open market on August 18 and September 10, 2026. Combined promoter holding fell from 65.94% (2,15,30,600 shares) to 61.70% (2,01,44,762 shares). Vikas Jain sold 7,65,838 shares and Piyush Jain sold 6,20,000 shares.
Likely market impact
Promoter stake reduced but still comfortably above 50%; may signal partial profit booking by promoters. Watch for further selling.