South West Pinnacle Exploration Limited — Others, 24-12-2024: Corrigendum
24-12-2024 | 05:57 pm
24-12-2024 | 05:57 pm
South West Pinnacle Exploration Ltd has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice scheduled for January 02, 2025. The changes address feedback from the NSE regarding the objects of a proposed preferential issue of equity shares, including adjustments to the use of issue proceeds, lock-in periods, and re-computation of share prices. The total funds intended for various capital expenditures and corporate purposes amount to ₹7,500 crore. This update clarifies the usage of funds and may enhance transparency, potentially boosting investor confidence amid ongoing strategic initiatives.
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