Promoter Saket Agrawal bought 1,40,50,200 shares of MSP Steel & Power for ₹45.40 Cr at ₹32.31 apiece in an open market transaction, increasing his stake from 37.74% to 40.22%.
A manufacturer of iron and steel products incorporated in 1968, MSP Steel & Power produces a range of steel products for industrial and commercial applications. The company operates an integrated business model combining steel manufacturing with captive power generation, which supports its production operations and provides operational efficiency. This dual focus on steel production and power generation distinguishes the company within India's steel sector.
