MSP Steel & Power Limited — Updates, 10-12-2025: General Updates

MSP Steel is raising 98 Cr via preferential issue of convertible warrants to a promoter group entity. Funds will cover 75 Cr debt repayment, 18.50 Cr for exiting a restructuring scheme, and 4.5 Cr for plant modernization. This will increase the promoter group's post-conversion holding to 6.887%.