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South West Pinnacle soars 4.5% on signing agreement for Jogeshwar & Khas Jogeshwar Coal Mine

The Honorable Minister of Coal and Parliamentary Affairs Pralhad Joshi graced the occasion.

September 24, 2021 11:24 IST | India Infoline News Service
South West Pinnacle Ltd has informed to the exchange regarding announcement for signing of Coal Mine Development and Production Agreement for Jogeshwar & Khas Jogeshwar Coal Mine, Jharkhand, under Coal Blocks Auction held on August 02, 2021.

Further, the company update that on September 23, 2021 the company has signed the Coal Mine Development and Production Agreement with the Nominated Authority, Ministry of Coal Government of India, New Delhi acting on behalf of President of India for allotment of the aforesaid coal block.

The Honorable Minister of Coal and Parliamentary Affairs Pralhad Joshi has been kind enough to grace the occasion, said company in a regulatory filing.

At around 11:22 AM, South West Pinnacle was trading at Rs96.10 per piece higher by 4.57% on the NSE.

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