MSP Steel & Power Ltd

MSP Steel & Power Ltd

MSP Steel & Power Ltd has submitted the voting results of its 57th Annual General Meeting, along with a Scrutinizer's Report, which has been made available on the company's website.

MSP Steel & Power Ltd

MSP Steel & Power Ltd held its 57th Annual General Meeting on September 30, 2026, through video conferencing. The meeting was attended by 69 members, and all items of business were transacted and passed with the requisite majority. The company provided remote e-voting facility to its members and facilitated e-voting during the AGM. The chairman, Mr. Suresh Kumar Agrawal, welcomed the members and spoke about the company's operational efficiency, cost control, and financial discipline. He also shared details about the company's plan to expand its manufacturing capacity and the initiation of the process of merger with MSP Sponge Iron Ltd.

MSP Steel & Power Ltd

MSP Steel & Power Ltd has announced the closure of its trading window for the 2nd quarter ended 30th September, 2026, due to the upcoming unaudited financial results. The trading window will remain closed for all directors, promoters, and specified connected persons from 1st October, 2026, until 48 hours after the publication of the results.

MSP Steel & Power Ltd

MSP Steel & Power Ltd has approved a draft scheme of arrangement for demerger of MSP Sponge Iron Limited's manufacturing business into MSP Steel & Power Limited, subject to regulatory approvals.

MSP Steel & Power Ltd

MSP Steel & Power Ltd's Board of Directors approved the proposed Scheme of Arrangement between MSP Sponge Iron Limited and MSP Steel and Power Limited, and also approved the Board's Report for the Financial Year 2025-26, the draft notice convening the Annual General Meeting, the appointment of Internal Auditor, and the re-appointment of Cost Auditor.

MSP Steel & Power Ltd

MSP Steel & Power Ltd has published its unaudited financial results for the first quarter ended June 30, 2026, approved in the Board Meeting dated July 31, 2026.

MSP Steel & Power Ltd

MSP Steel & Power Ltd has announced its unaudited standalone and consolidated financial results for the 1st quarter ended 30th June 2026, along with a statement of deviation and variation in the utilization of funds raised through a preferential issue of convertible warrants. The company has not defaulted on any loans or debt securities and has utilized 25% of the funds raised for repayment of unsecured debt and 25% for general corporate purposes, including modernization and maintenance of plant and machinery.

MSP Steel & Power Ltd

MSP Steel & Power Ltd's board meeting outcome for the 1st quarter ended June 30, 2026, under Regulation 30 of the Listing Regulations. The board considered, took on record, and approved the unaudited standalone and consolidated financial results for the quarter. The company also disclosed related party transactions and outstanding defaults on loans and debt securities. The board meeting commenced at 5:00 P.M. and concluded at 7:00 P.M.

MSP Steel & Power Ltd

MSP Steel & Power Ltd has submitted a newspaper advertisement for the opening of a special window for re-lodging transfer and dematerialization of physical securities, as per SEBI regulations.

MSP Steel & Power Ltd

MSP Steel & Power Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 to consider and approve Intimation of Board Meeting under Regulation 29(1)(A) of the Listing Regulations.

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.