MSP Steel & Power promoters increase stake through open market buys

MSP Steel & Power Limited announced on November 26, 2025, that its promoter group entities have acquired additional equity shares through open market purchases. Shree Vinay Finvest Private Limited bought 1,135,000 equity shares between November 20 and 21, 2025, for a total value of ₹3,930,351.90. This acquisition increased their holding from 1.39% to 1.59%.

Separately, Jaik Leasing & Commercial Investment Limited, another promoter group entity, purchased 578,700 equity shares on November 24, 2025, valued at ₹1,957,394.80. This transaction raised their stake from 5.58% to 5.69%.

These disclosures highlight a fortified commitment from the promoter group. The purchases were executed on the National Stock Exchange (NSE).