StockWatch
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Iron & Steel Products
Shareholding9 Jun 2026, 05:41 pm

MSP Steel Promoter Group Buys 34.55 Lakh Shares

AI Summary

MSP Steel & Power Ltd announced that its promoter group entities, Ginny Traders Private Limited and Sampat Marketing Company Pvt Ltd, have acquired a total of 34,55,000 equity shares through open market purchases. Ginny Traders purchased 23,50,000 shares on June 2, 2026, while Sampat Marketing acquired 11,05,000 shares on June 2-3, 2026. These disclosures were made in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Key Highlights

  • Promoter group entities acquired 34.55 lakh shares.
  • Acquisitions were made via open market purchases.
  • Disclosures filed under SEBI PIT Regulations 7(2).
  • Significant stake increase by promoter group.