MSP Steel promoter entities acquire 18.97 lakh shares in open market purchases | Business Upturn

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Three promoter group entities of MSP Steel & Power have purchased a combined 18.97 lakh equity shares of the company through open market transactions, according to disclosures filed under SEBI’s insider trading regulations.

Ilex Private Limited acquired 8.04 lakh shares on 2nd March 2026, while Jagran Vyapaar Pvt Ltd purchased 93,000 shares on the same date. Shree Vinay Finvest Private Limited acquired 9 lakh shares on 4th March 2026. All three entities are classified as promoter group members. The purchases were disclosed in Form ‘C’ filings dated between 5th and 6th March 2026, as mandated under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by Markets Desk before publication.

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TOPICS: Equity Shares Insider Trading Disclosure Open Market Promoter Purchases