MSP Steel & Power Limited — Insider Trade, 15-04-2025: Insider/ Institutional Trade

MSP Steel & Power Limited has disclosed insider trading activity involving multiple entities from the Promoter group, including Procheta Consultants Private Limited and Dexo Trading Private Limited, among others. They collectively acquired 36,559,437 equity shares through a preferential allotment upon conversion of an unsecured loan to equity shares. This acquisition represents 6.98% of the total post-acquisition diluted share capital, increasing their overall holding to 24.04%. The strategic move may support investor confidence by indicating strong backing from the Promoter group and potential growth in company stability.