MSP Steel & Power Annual Report
MSP Steel & Power Ltd has released its Annual Report for FY 2025-26 and scheduled its 57th Annual General Meeting for September 30, 2026.
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MSP Steel & Power Ltd has released its Annual Report for FY 2025-26 and scheduled its 57th Annual General Meeting for September 30, 2026.
MSP Steel & Power Limited issued notice for its 57th Annual General Meeting scheduled for September 30, 2026, to consider financial statements and managerial remuneration.
MSP Steel & Power Limited has re-appointed its Internal Auditor and Cost Auditor for a 12-month term, as approved by the board.
MSP Steel & Power Limited approved a Scheme of Arrangement to demerge the manufacturing business of MSP Sponge Iron Limited into itself. The Board also approved the annual report.
MSP Steel & Power Ltd reported revenue from operations of ₹826.5 Cr (+16.3% YoY) and net profit of ₹22 Cr (+23.6% YoY) for Q1 FY27.
The company has filed its quarterly shareholding pattern for the period ended June 30, 2026, as per regulatory requirements.
MSP Steel & Power Limited scheduled a Board meeting for July 31, 2026, to consider and approve the financial results for the quarter ended June 30, 2026.
MSP Steel & Power Ltd filed its quarterly shareholding pattern under Regulation 31 for the period ending June 30, 2026. The filing discloses promoter and public shareholding.
MSP Steel & Power held an EGM on July 14, 2026. Shareholders approved a special resolution regarding variation in the objects of preferential issue fund utilization.
MSP Steel & Power submitted the required Unmodified Opinion declaration for FY26 results following an exchange query. The omission was attributed to an inadvertent oversight.
MSP Steel & Power Ltd will hold a board meeting on June 19, 2026 to consider variation in preferential warrant fund utilisation and EGM matters. This is a routine scheduling intimation with no immediate financial impact.
Promoter entities purchased equity shares worth Rs.24.86 Crore via open market. This signals promoter confidence in the company's prospects.
Promoter Saket Agrawal and PACs acquired 1.48 Crore shares (2.61%) via open market purchases. Their stake rose to 42.82%, signaling continued promoter confidence.
Swagat Trexim Private Limited sold a 2.27% stake in MSP Steel & Power Limited via the open market. This reduced its holding to 3.71%.
Promoter group entities Sampat Marketing, Shree Vinay Finvest, and Ilex acquired shares worth ₹21.55 Crore. These open market purchases signal increased promoter confidence in the company.
Promoter group entities Ginny Traders and Sampat Marketing purchased 34,55,000 shares for ₹1.45 Crore via open market. This increase in promoter skin-in-the-game signals positive management confidence.
MSP Steel & Power Ltd reported revenue from operations of ₹816.3 Cr (+7.4% YoY) and net profit of ₹85.2 Cr for Q4 FY26.
MSP Steel & Power approved its audited FY26 financial results, reporting a standalone net profit of Rs. 33.85 Crore. The board also approved a Rs. 500 Crore expansion plan.
MSP Steel & Power scheduled a board meeting for May 30, 2026, to approve audited annual financial results. The trading window remains closed until June 1.