
Shareholding23 Jun 2026, 03:26 pm
MSP Steel Promoter Group Increases Stake by 2.30%
AI Summary
Saket Agrawal, promoter of MSP Steel & Power Ltd, along with Persons Acting in Concert (PACs), has disclosed an increase in their shareholding by 2.30% through open market purchases. The acquisition, which took place between June 12th and June 22nd, 2026, resulted in the promoter group's total shareholding rising from 42.82% to 45.12%. The total equity share capital of the company remains Rs. 566,796,645, consisting of 56,679,6645 equity shares of Rs. 10 each.
Key Highlights
- Promoter group acquired an additional 2.30% stake in MSP Steel & Power.
- Acquisition was made via open market purchases between June 12-22, 2026.
- Total promoter group shareholding now stands at 45.12%.
- Disclosure made as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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