Shareholding12 Jun 2026, 02:29 pm
Swagat Trexim Sells 2.27% Stake in MSP Steel & Power
AI Summary
Swagat Trexim Private Limited has disclosed the sale of 12,867,000 equity shares, representing 2.27% of the total share capital, in MSP Steel & Power Limited. The sale was conducted in the open market. Following this transaction, Swagat Trexim's shareholding in MSP Steel & Power has reduced from 33,916,849 shares (5.98%) to 21,049,849 shares (3.71%). The total diluted share capital of MSP Steel & Power is approximately ₹566.80 Crores, comprising 56,67,96,645 equity shares.
Key Highlights
- Swagat Trexim sold 12,867,000 equity shares (2.27%) in MSP Steel & Power.
- The sale was executed through the open market.
- Swagat Trexim's shareholding reduced to 3.71% post-sale.
- This is a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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