Shareholding11 Jun 2026, 01:59 pm
MSP Steel Promoter Group Buys 5.2M Shares
AI Summary
MSP Steel & Power Ltd has announced that its promoter group entities have collectively purchased 5,240,000 equity shares through open market transactions. Sampat Marketing Company Pvt Ltd acquired 700,000 shares, Shree Vinay Finvest Pvt. Ltd. purchased 2,850,000 shares, and Ilex Private Limited bought 1,660,000 shares. 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 a significant stake.
- Total of 5,240,000 shares purchased via open market.
- Acquisitions occurred between June 4th and June 8th, 2026.
- Disclosures made as per SEBI PIT Regulations.
- Indicates increased confidence from promoter group.
Price Impact
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