StockWatch
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Iron & Steel Products
Shareholding19 Jun 2026, 05:10 pm

Swagat Trexim Sells 2.27% Stake in MSP Steel & Power

AI Summary

Swagat Trexim Private Limited has disclosed the sale of 12,890,000 equity shares, representing 2.27% of the paid-up equity share capital, in MSP Steel & Power Limited. The shares were sold in the open market on June 11-12, 2026. Following this transaction, Swagat Trexim's holding in MSP Steel & Power has reduced from 2.27% to 0% of the total diluted share capital. The total diluted share capital of MSP Steel & Power is approximately ₹566,796,645, divided into 56,67,96,645 equity shares of Rs 10 each.

Key Highlights

  • Swagat Trexim Private Limited sold 12,890,000 equity shares.
  • The sale represents 2.27% of MSP Steel & Power's paid-up capital.
  • Transaction occurred via open market sale on June 11-12, 2026.
  • Swagat Trexim's shareholding reduced to 0% post-sale.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.