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South West Pinnacle Exploration Ltd.

BSE: 535049 Sector: Metals & Mining
NSE: SOUTHWEST ISIN Code: INE980Y01015
BSE 05:30 | 01 Jan South West Pinnacle Exploration Ltd
NSE 00:00 | 26 Nov 133.20 -2.45
(-1.81%)
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138.00

HIGH

138.00

LOW

130.65

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South West Pinnacle Exploration Ltd. (SOUTHWEST) - Company History

South West Pinnacle Exploration Limited was originally incorporated as 'South West Pinnacle Exploration Private Limited' at New Delhi as a Private Limited Company on November 27 2006. The Company changed its registered office from the state of Delhi to the state of Haryana on September 11 2012 . Subsequently the Company was converted into a Public Limited Company following which name of the company was changed to South West Pinnacle Exploration Limited on November 17 2017.Vikas Jain and Piyush Jain are the Promoters of the Company. M/s. South West Drilling & Infrastructure Limited and Mr. Rogers James Lord were the initial subscribers to the Memorandum of Association of the Company. South West Drilling & Infrastructure Limited has transferred its entire shareholding to Piyush Jain i.e. 25000 Equity Shares on June 25 2012. Further Roger James Lord transferred his entire shareholding i.e. 100000 Equity Shares to Vikas Jain on February 13 2017. Initial Subscriber 'South West Drilling and Infrastructure Limited' transferred its entire shareholding to Vikas Jain on February 01 2007. Further 250000 Equity Shares were allotted to Piyush Jain on September 20 2010. South West Pinnacle is an ISO 9001:2015 certified company it is providing end to end drilling exploration and allied services to coal ferrous non ferrous atomic and base metal mining industries and water & unconventional energy industries. It also provides consultancy for geological field services and allied services. The Company has an in-house team of geoscientists for providing integrated exploration services including geophysical logging surface geophysical & topographic surveys. The Company has recently diversified into aquifer mapping for Hydro-geological organisations in India for determining the quantity and quality of groundwater in a particular area viz. water level productivity and concentration of various chemicals in groundwater. This helps in identifying zones for groundwater development groundwater recharge rainwater harvesting etc. The Promoter Vikas Jain who is on the Board of the Company since inception and is the guiding force behind the strategic decision backed by industry experienced professionals to run the business and the Promoter Piyush Jain joined the board of the Company in the year 2009 and since then directly involved in developing planning scheduling and supervising the operations of the Company.

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