Jagran Vyapaar Pvt Ltd and Shree Vinay Finvest P Ltd.
Promoter
The move
Jagran Vyapaar Pvt Ltd and Shree Vinay Finvest P Ltd. bought 20.43 lakh shares of MSP Steel & Power Limited for ₹6.54 Cr at ₹32.18 apiece, increasing the promoter group's stake from 7.78% to 7.98%.
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.
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