UpdatesScheme of Arrangement

MSP Steel board approved demerging MSP Sponge Iron's manufacturing biz.

MSP Steel & Power Limited logo
MSP Steel & Power LimitedMSPL · Filed with the exchange

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.

Read the original filing(PDF)

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