The Company was originally incorporated as ‘South West Pinnacle Exploration Private Limited’ at Delhi as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated November 27, 2006 issued by Registrar of Companies, National Capital Territory of Delhi and Haryana. Pursuant to change in the registered office of the Company from one state to another state vide resolution passed by shareholders of the company in the Extra Ordinary General Meeting held on September 11, 2012 consequent to which fresh certificate of incorporation was issued by Registrar of Companies, Haryana, on June 15, 2013. Subsequently, pursuant to shareholders resolution passed at Extraordinary General Meeting of the Company held on October 31, 2017, the Company was converted into a Public Limited Company, following which the name was changed to ‘South West Pinnacle Exploration Limited’ and a Fresh Certificate of Incorporation consequent upon conversion of company to Public Limited, dated November 17, 2017 was issued by Registrar of Companies, National Capital Territory of Delhi & Haryana.
The Company is an ISO 9001:2015 certified 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. Presently they have 37 operational rigs and support equipment of different capacities to drill upto a depth of 2500 meters. They 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.
Business area of the Company
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.
Major Events and Milestones:
- 2006: Incorporation of the Company as ‘South West Pinnacle Exploration Private Limited’.
- 2013: Shifting of Registered office from Delhi to the state of Haryana.
- 2017: ISO 9001:2015 Certification.
- 2017: Conversion of Private Limited to Public Limited Company.