South West Pinnacle Exploration Limited — Board Meeting, 07-12-2024: Outcome of Board Meeting

The Board of Directors has announced a board meeting to consider several key agenda items. The meeting will address the financial results for the quarter and half-year. Additionally, the board plans to approve the raising of funds by issuing up to 28,36,611 equity shares at a price of Rs. 132.20 each, aggregating approximately Rs. 37.50 crores. The meeting will also involve discussions on converting 28,36,611 convertible share warrants and the scheduling of an Extraordinary General Meeting (EGM). Key logistics such as the date of the EGM and remote voting arrangements will be finalized.