MSP Steel & Power Ltd

MSP Steel & Power Ltd

MSP Steel & Power Ltd announced that its promoter, Mr. Saket Agrawal, along with Persons Acting in Concert (PACs), has furnished a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure was submitted to the company as on June 23, 2026, and subsequently intimated to the stock exchanges. The announcement itself does not provide specific details regarding the nature or magnitude of any shareholding change.

MSP Steel & Power Ltd

MSP Steel & Power Ltd has filed newspaper advertisements as a post-intimation for its Extra-Ordinary General Meeting (EOGM) scheduled for July 14, 2026, at 3:00 PM (IST). The meeting will be conducted virtually via Video Conference/Other Audio Visual Means. These advertisements, published on June 23, 2026, in 'Business Standard' and 'Arthik Lipi', provide e-voting information as per SEBI (LODR) Regulations, 2015 and relevant MCA Circulars. This is a routine compliance filing.

MSP Steel & Power Ltd

MSP Steel & Power Ltd will hold an Extra-Ordinary General Meeting (EGM) on July 14, 2026, to seek shareholder approval for varying the utilization of INR 73.50 crore from a preferential issue. Originally earmarked for unsecured debt repayment, these funds, derived from convertible warrants issued to a promoter group entity, are now proposed to be used for the company's working capital requirements. This signifies a shift in capital allocation priority from balance sheet strengthening to operational liquidity.

MSP Steel & Power Ltd

MSP Steel & Power Ltd announced that five of its promoter group entities, including Shree Vinay Finvest Pvt. Ltd. and Ginny Traders Private Limited, collectively purchased 64.50 lakh (6.45 million) equity shares through open market transactions between June 16 and June 18, 2026. This significant buying activity by the promoters was disclosed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

MSP Steel & Power Ltd

MSP Steel & Power Ltd has submitted newspaper advertisements informing stakeholders about its Extra-Ordinary General Meeting (EOGM) scheduled for July 14, 2026, at 3:00 PM (IST). The meeting will be held virtually via Video Conference/Other Audio Visual Means. The advertisements, published on June 21, 2026, in "Financial Express" and "Arthik Lipi," include e-voting information in compliance with SEBI (LODR) Regulations and the Companies Act, 2013. This is a routine regulatory filing.