MSP Steel & Power: Promoter Group Acquires 10.72 Lakh Shares in Open Market
MSP Steel & Power Limited has announced that its Promoter Group entities have made open market purchases of the company's equity shares. Shree Vinay Finvest Private Limited acquired 1,85,000 equity sh...
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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 by promoter group entities, which is a routine disclosure under insider trading regulations. while it shows confidence from the promoter group, it does not inherently signal a significant positive or negative change in the company's operations or financial performance.
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MSP Steel & Power: Promoter Group Acquires 10.72 Lakh Shares in Open Market
December 29, 2025, 12:30 PM
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More Details on This News
MSP Steel & Power Limited has announced that its Promoter Group entities have made open market purchases of the company's equity shares. Shree Vinay Finvest Private Limited acquired 1,85,000 equity shares on December 22, 2025. Subsequently, Jagran Vyapaar Pvt Ltd purchased 8,87,000 equity shares on December 23, 2025, and December 24, 2025.
These disclosures were made in accordance with Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company has submitted the relevant disclosure forms (Form 'C') to the National Stock Exchange of India and BSE Limited. The details of these acquisitions are enclosed with the respective forms, dated December 24, 2025, and December 26, 2025.
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