MSP Steel & Power Ltd

  • BSE Code : 532650
  • NSE Symbol : MSPL
  • ISIN : INE752G01015
  • Industry :STEEL - MEDIUM / SMALL

up-arrow 31.38 2.29(7.87%)

Open Price ()

31.78

Prev. Close ()

29.09

Volume (No’s)

4,846,228

Market Cap ()

1,778.61

Low Price ()

29.19

High Price ()

31.99

 

Book Closure

From Date To Date Announcement
14-Mar-2026 NA Issue Of Warrants & Inter alia, to consider and approve:- (1) To issue & allot a total of 2,80,00,000 (Two Crores Eighty Lakhs) Convertible Warrants of Rs. 35/- each (including a premium of Rs. 25/- each) on preferential allotment basis to M.A. Hire Purchase Pvt. Ltd. (Promoter Category) on receipt of an amount equal to 25% of the Warrant Exercise Price i.e. Rs. 24,50,00,000 (Rupees Twenty-Four Crore Fifty Lakhs Only). Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that consequent to the special resolution passed by the shareholders of the Company at an Extra-Ordinary General Meeting convened on December 12, 2025 and further pursuant to the In-principle approval accorded by National Stock Exchange of India Limited ('NSE') and BSE Limited ('BSE') dated February 27, 2026 the Company at its Board Meeting on March 14, 2026 had allotted in aggregate 2,80,00,000 (Two Crores Eighty Lakhs) convertible warrants of face value of Rs.10 (Rupees Ten) each at a price of Rs. 35/- (Indian Rupees Thirty Five only) including a premium of up to Rs. 25/-(Indian Rupees Twenty Five Only) per warrant, on receipt of Warrants Subscription money @ 25% of the issue price to promoter group. (As Per BSE Announcement Dated on:14.03.2026)
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