MSPL

- Extra-Ordinary General Meeting (EGM) of MSP Steel & Power Ltd was held on July 14, 2026, via electronic mode. - Shareholders approved a Special Resolution for a variation in the utilization of funds from the Preferential Issue. - The company stated the proposed variation is in the best interests of the Company and its shareholders, evaluated by the Audit Committee and Board, and will not affect shareholder rights.

- MSP Steel & Power Limited clarified the inadvertent non-submission of the Declaration for Unmodified Opinion on Audited Financial Results for the financial year ended March 31, 2026. - The company confirmed that Statutory Auditors have issued an Unmodified Opinion on the financial statements. - The requisite declaration, as per SEBI regulations, has now been submitted.

- Trading window for dealing in company securities closed from July 1, 2026. - It will remain closed until 48 hours after the unaudited financial results for Q1 FY27 (ended June 30, 2026) are published. - The Board Meeting date to consider these results will be intimated separately.

- Ginny Traders Private Limited (Promoter Group) purchased 7,30,000 equity shares on June 19, 2026. The holding increased from 2.38% to 2.51%. - Sampat Marketing Company Pvt Ltd (Promoter Group) purchased 12,04,000 equity shares on June 19 & 22, 2026. The holding increased from 2.65% to 2.86%. - Ilex Private Limited (Promoter Group) purchased 1,66,849 equity shares on June 22, 2026. The holding increased from 3.21% to 3.24%.

- An Extra-Ordinary General Meeting (EGM) is scheduled for Tuesday, July 14, 2026, at 03:00 p.m. (IST) via Video Conference/Other Audio-Visual Means. - The EGM's main agenda is to approve the variation in the objects relating to the utilisation of unutilised / balance proceeds of ₹73.50 crore from a preferential issue. - Originally, these funds were earmarked for unsecured debt repayment. However, the debt was discharged from internal accruals/banking lines. - The company now proposes to utilise the ₹73.50 crore from the warrant proceeds to fund working capital requirements. - Remote e-voting facilities will be available from July 11, 2026, at 09:00 a.m. to July 13, 2026, at 05:00 p.m.

- Promoter Group entities acquired 6,450,000 equity shares of MSP Steel & Power Ltd. through open market purchases. - Purchases occurred between June 16-18, 2026, by Shree Vinay Finvest, Ginny Traders, Sampat Marketing, Ilex Private, and M.A Hire Purchase.

- Ilex Private Limited (Promoter Group) purchased 6,45,000 equity shares of MSP Steel & Power Ltd. on June 15, 2026, via open market purchase on NSE. - The acquisition was valued at ₹2,72,50,992.00. - This transaction increased the promoter group's holding from 2.92% to 3.03%.

- Board approved a proposal to vary the objects for utilization of funds raised through a Preferential Issue of Convertible Warrants. - An Extra Ordinary General Meeting (EGM) will be held on July 14, 2026, to seek shareholder approval for this variation. - The Board also approved the appointment of a Scrutinizer for e-voting at the EGM.

- MSP Steel & Power Limited has entered into a Power Purchase Agreement (PPA) with Elevate Solar Energy Private Limited for 25 years. - The agreement is for the procurement of 10MWp (DC) of solar electricity per annum at a tariff rate of ₹3.17 per unit. - MSP Steel & Power Limited will acquire 26% shareholding in Elevate Solar Energy Private Limited to optimize energy costs and increase renewable energy consumption.

- MSP Steel & Power Limited's promoter group entities acquired a total of 6,105,000 equity shares through open market purchases. - The purchases were made by M.A Hire Purchase Pvt Ltd, Shree Vinay Finvest Pvt. Ltd., Ilex Private Limited, and Ginny Traders Private Limited. - The acquisitions took place between June 9 and June 11, 2026.

- Promoter Group Entities, Sampat Marketing Company Pvt Ltd, Shree Vinay Finvest Pvt. Ltd., and Ilex Private Limited, cumulatively acquired 52,10,000 equity shares of MSP Steel & Power Limited through open market purchases between June 4-8, 2026. - The total value of shares acquired by the promoter group is approximately ₹21.55 Crores.

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