MSP Steel & Power Limited has informed the Exchange regarding 'Open Market Purchase of Equity Shares by Promoter Entity'.
MSPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MSP Steel & Power Limited has disclosed open market purchases of equity shares by two promoter group entities. Ilex Private Limited bought 6,99,400 shares on 17 February 2026 for about Rs. 2.26 crore, raising its holding from 1.61% to 1.73%. Sampat Marketing Company Pvt Ltd bought 11,33,000 shares on 18-19 February 2026 for about Rs. 3.71 crore, raising its holding from 0.80% to 1.28%. The combined promoter group purchase totals 18,32,400 shares worth approximately Rs. 5.97 crore. The disclosures were filed under SEBI Insider Trading Regulations in Form C.
Continued buying by promoter group entities signals confidence in the company's prospects and is generally viewed positively by retail investors, as promoter buying often supports share price and indicates insider belief in future value creation.