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MSP Steel & Power LimitedUpdates, 02-09-2026: Scheme of Arrangement

02-09-2026 | 08:58 pm

MSP Steel board approved demerging MSP Sponge Iron's manufacturing biz. Shareholders get 5 MSP Steel shares for 1 MSP Sponge. Move aims to streamline ops, boosting combined Net Worth to 1595.57 Cr. Promoter stake rises to 59.52%, signaling focus on efficiency & value.

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