MSP Steel & Power Ltd: Promoter Group Acquires Over 10.95 Lakh Shares
MSP Steel & Power Limited (MSPL) has announced that its promoter group entities have purchased a significant number of equity shares through open market transactions. Shree Vinay Finvest Private Limit...
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Why is MSP Steel & Power Limited in the news today?
MSP Steel & Power Limited (MSPL) is in the news due to the announcement details open market purchases of shares by promoter group entities. while this indicates confidence from the promoters, it is a routine disclosure under insider trading regulations and does not immediately signal a significant positive or negative development for the company's operations or financial performance.
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MSP Steel & Power Ltd: Promoter Group Acquires Over 10.95 Lakh Shares
December 19, 2025, 12:34 PM
MSP Steel & Power Limited (MSPL) has announced that its promoter group entities have purchased a significant number of equity shares through open market transactions. Shree Vinay Finvest Private Limited acquired 5,40,600 equity shares on December 15, 2025. Subsequently, Jagran Vyapaar Pvt Ltd purchased 5,55,000 equity shares on December 16, 2025.
These disclosures were made in compliance with Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The respective forms detailing these transactions were submitted by the promoter group entities on December 17, 2025, and acknowledged by the company.
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