Promoter Group Entities Acquire Equity Shares of MSP Steel & Power Ltd in Open Market Purchases
Promoter group entities have made open market purchases of equity shares of MSP Steel & Power Limited, as detailed in recent reports concerning the company's shareholding structure. The acquisitions were conducted across several dates by three different promoter groups: Sampat Marketing Company Pvt Ltd, Shree Vinay Finvest Pvt Ltd, and Ilex Private Limited.The reported transactions outline the purchases made by each entity during June 2026.
Key details of the open market purchases are summarized below:
| Promoter Group Entity | Shares Acquired | Date(s) of Purchase |
|---|---|---|
| Sampat Marketing Company Pvt Ltd | 7,00,000 | June 4, 2026 |
| Shree Vinay Finvest Pvt Ltd | 28,50,000 | June 4 and June 8, 2026 |
| Ilex Private Limited | 16,60,000 | June 5 and June 8, 2026 |
Sampat Marketing Company Pvt Ltd acquired 7,00,000 equity shares on June 4, 2026.
Shree Vinay Finvest Pvt Ltd reported the purchase of 28,50,000 equity shares across two dates: June 4, 2026, and June 8, 2026.
Ilex Private Limited made open market purchases totaling 16,60,000 equity shares on June 5, 2026, and June 8, 2026.
MSPL Stock Price Movement
As of 2:07 PM, shares of MSP Steel & Power Limited are gaining, trading up 0.25% to ₹40.11 after moving ₹0.10 during the active session. The equity remains within a tight intraday range bounded by a low of ₹39.5 and a high of ₹40.99, supported by over 3.49 million shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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