Promoter Mr. Saket Agrawal has disclosed his shareholding details for the financial year 2025-26 to MSP Steel & Power Ltd . The disclosure, submitted as on April 6, 2026, was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. This regulatory filing ensures transparency regarding the substantial acquisition of shares and takeovers.

The disclosure was furnished on behalf of the promoter group and persons acting in concert (PAC). The filing was addressed to the Listing Departments of the National Stock Exchange of India Limited and BSE Limited. The company's compliance officer, Shreya Kar, submitted the document to the exchanges for their information and records.

Regulatory Compliance

The submission adheres to the provisions set forth by the Securities and Exchange Board of India (SEBI). The regulation mandates that promoters disclose their shareholding patterns to the target company, which in turn informs the stock exchanges. This process is crucial for maintaining market integrity and ensuring that all material information regarding shareholding is available to the public.

Key Details of the Filing

Promoter group entities of MSP Steel & Power collectively acquired 21,00,849 equity shares through open market purchases between June 19 and June 22, 2026. The transactions, executed on the National Stock Exchange (NSE), amounted to a total consideration of ₹9,35,58,308.26. The acquisitions were disclosed to the exchanges under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Acquisition Details

The purchases were made by three promoter group entities: Ginny Traders Private Limited, Sampat Marketing Company Pvt Ltd, and Ilex Private Limited. The disclosures were submitted in Form C to the company's Compliance Officer, Shreya Kar, on June 23, 2026, and subsequently intimated to the exchanges on June 25, 2026.

Regulatory Compliance

The transactions were conducted as market purchases. The company confirmed that no trading in derivatives was undertaken by these promoter group entities during the relevant period. The disclosures were signed by directors Tapas Sarkar (Ginny Traders), Puran Mal Agrawal (Sampat Marketing), and Prafulla Kumar (Ilex Private Limited).