MSP Steel & Power: Promoter Group Acquires 16.47 Lakh Shares
MSP Steel & Power Limited has disclosed significant open market purchases of equity shares by its Promoter Group entities. Jagran Vyapaar Pvt Ltd acquired 5,50,000 equity shares on December 17, 2025. ...
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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 acquisition of shares by promoter group entities indicates confidence in the company's future prospects and can be viewed positively by the market.
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MSP Steel & Power: Promoter Group Acquires 16.47 Lakh Shares
December 23, 2025, 12:31 PM
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MSP Steel & Power Limited has disclosed significant open market purchases of equity shares by its Promoter Group entities. Jagran Vyapaar Pvt Ltd acquired 5,50,000 equity shares on December 17, 2025. Subsequently, Jaik Leasing And Commercial Investment Limited purchased a total of 10,97,000 equity shares on December 18 and 19, 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 company has submitted the relevant Form 'C' disclosures, dated December 19, 2025, for Jagran Vyapaar Pvt Ltd and December 22, 2025, for Jaik Leasing And Commercial Investment Limited, to the National Stock Exchange of India and BSE Limited for their records.
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