Ilex Private Limited, a promoter group entity, increased its stake in MSP Steel & Power Limited from 2.20% to 2.35% by purchasing 8,40,000 shares for ₹2.67 Cr at ₹31.78 apiece.
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.
Get the next move the moment it happens.
Follow the investors and MSP Steel & Power Limited on WhaleWatch, alongside 300+ top investors, funds and FPIs. The newest moves are waiting for you inside.