StockWatch
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Iron & Steel Products
Insider Trading18 Jun 2026, 05:41 pm

MSP Steel Promoter Group buys 38.25 lakh shares via open market

AI Summary

MSP Steel & Power Ltd has disclosed that its promoter group entities made open market purchases of the company's equity shares. Shree Vinay Finvest Pvt. Ltd. acquired 400,000 shares on June 12, 2026. M.A Hire Purchase Pvt Ltd purchased 2,400,000 shares on June 12 and June 15, 2026. Sampat Marketing Company Pvt Ltd bought 1,025,000 shares on June 12 and June 15, 2026. In total, the promoter group acquired 3,825,000 equity shares. These transactions were disclosed under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Key Highlights

  • MSP Steel's promoter group acquired 3,825,000 equity shares.
  • Purchases were made via open market on June 12 and 15, 2026.
  • Shree Vinay Finvest Pvt. Ltd. bought 400,000 shares.
  • M.A Hire Purchase Pvt Ltd acquired 2,400,000 shares.
  • Sampat Marketing Company Pvt Ltd purchased 1,025,000 shares.