Announced Thu, 25 Jun · 08:40 IST
Promoters Vikas, Piyush Jain sell 3.91% stake 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
-7.0%1-day move
₹231.30
prior close
₹233.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-1.3-1.9-1.9-7.0-7.0-6.0-6.6-1.9-4.1-2.0+2.5——
Up moveDown movePending
AI summary
Promoters Vikas Jain and Piyush Jain sold 11,65,820 shares (3.91%) of South West Pinnacle Exploration via open market on June 22 and June 23, 2026. Their combined voting stake fell from 68.85% to 64.94%, and diluted voting from 69.85% to 66.28%. Promoters remain in majority control well above 50%.
Likely market impact
Promoter holding reduced but still well above 50%. Open market selling may indicate profit booking or capital need; no control change risk.