StockWatch
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Iron & Steel Products
Shareholding15 Jun 2026, 04:50 pm

MSP Steel Promoters Buy 5.95 Lakh Shares

AI Summary

MSP Steel & Power Ltd announced that its promoter group entities have made significant open market purchases of equity shares. M.A. Hire Purchase Pvt Ltd acquired 18.15 lakh shares on June 9-10, 2026. Shree Vinay Finvest Pvt. Ltd. purchased 20.50 lakh shares on June 10-11, 2026. Ilex Private Limited bought 13.40 lakh shares on June 9, 2026, and Ginny Traders Private Limited acquired 9.00 lakh shares on June 11, 2026. These disclosures were made in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Key Highlights

  • Promoter entities of MSP Steel & Power Ltd bought shares.
  • Total promoter share purchases exceed 5.95 million shares.
  • Purchases occurred between June 9-11, 2026.
  • Disclosures filed under SEBI (Prohibition of Insider Trading) Regulations.
  • Indicates confidence from promoter group in the company's future.