Swagat Trexim Sells 2.27% Stake in MSP Steel & Power Ltd Shares
Swagat Trexim Private Limited has sold a significant portion of its equity shares in MSP Steel & Power Limited, which trades on both BSE and NSE platforms. The transaction, conducted through the open market, saw the divestment of 12,867,000 Equity shares, representing 2.27% of the total diluted share/voting capital of MSP Steel & Power Ltd.The sale marked a reduction in Swagat Trexim's holding. Prior to this disposal, Swagat Trexim held 3,39,16,849 equity shares or 5.98% of the company’s stock. Following the open market sale, the stake held by the entity reduced to 2,10,49,849 shares, equivalent to 3.71% of the total diluted share/voting capital.
The entire transaction involved Swagat Trexim Private Limited as the seller and exclusively reported the disposal through the open market mechanism.
Sale Details Summary
The sale of shares by Swagat Trexim over several days in June 2026 is detailed below, with a total volume of 12,867,000 shares.| Date of Sale | Number of Shares Sold | Percentage of Shareholding |
|---|---|---|
| 02-06-2026 | 2,560,000 | 0.45% |
| 03-06-2026 | 900,000 | 0.16% |
| 04-06-2026 | 1,540,000 | 0.27% |
| 05-06-2026 | 1,800,000 | 0.32% |
| 08-06-2026 | 1,842,000 | 0.32% |
| 09-06-2026 | 2,100,000 | 0.37% |
| 10-06-2026 | 2,125,000 | 0.37% |
| Total | 12,867,000 | 2.27% |
Company Capital Structure
The equity share capital and total voting capital of MSP Steel & Power Limited remained at Rs5,66,79,66,450/- divided into 56,67,96,645 equity shares of Rs10/-each both before and after the said acquisition/sale. The total diluted share/voting capital stands at Rs5,66,79,66,450/divided into 56,67,96,645 equity shares of Rs 10/-each.MSPL Stock Price Movement
As of 2:54 PM, shares of MSP Steel & Power Limited are rallying, climbing 4.50% in live trading and currently holding at ₹41.78. The equity maintains strong momentum during the session, hitting a high near ₹41.97 while accounting for a traded volume of 5.83 million shares.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.