Promoters Vikas, Piyush Jain sell 3.91% stake via open market

Promoter sold over 1%Ownership Changes View source PDF Explain this filing

SOUTHWEST · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹231.30

prior close

₹233.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-0.8% vs market

Diversified Commercial Services peers, median of 76sector-0.2%-1.2% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 1.2 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-1.3

15m

-1.9

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-0.6-0.8-0.2-1.2

Next day

-7.0-0.9-6.1-1.0-5.9

-7.0+0.1-7.2-1.3-5.8

-6.0+0.3-6.2-0.4-5.6

-6.6+1.2-7.8-0.0-6.6

-1.9+0.8-2.7-0.6-1.4

-4.1+0.3-4.4-1.6-2.5

15d

-2.0-0.2-1.8-3.5+1.6

+2.5+0.6+1.9-3.0+5.4

-11.5+4.7-16.2-2.5-9.0

-19.5+5.4-24.9-3.4-16.0

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 76Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.