MSP Steel & Power Ltd. News and Updates

Keep track of all breaking news on MSP Steel & Power Ltd. from all sources in a single place.

MSP Steel & Power Ltd.

26 Feb 2024

27.15

-0.48%

MSP Steel Consolidated December 2023 Net Sales at Rs 780.74 crore, up 18% Y-o-Y

Moneycontrol

MSP Steel & Power Ltd. is trading below all available SMAs

MSP Steel & Power Ltd.

23 Dec 2022

27.15

-0.48%

Axiscades acquires Mistral Solutions for Rs 296 crore

Moneycontrol

In a statement, Axiscades said it completed the acquisition of MSPL in a phased manner for Rs 296 crore.

MSP Steel & Power Ltd. is trading below all available SMAs

MSP Steel & Power Ltd.

14 Nov 2022

27.15

-0.48%

MSP Steel Standalone September 2022 Net Sales at Rs 586.81 crore, up 2.64% Y-o-Y

Moneycontrol

NULL

MSP Steel & Power Ltd. is trading below all available SMAs

MSP Steel & Power Ltd.

18 Sep 2022

27.15

-0.48%

Mahindra Group, Ontario Teachers' partner to invest in renewable energy

Business Standard

The Mahindra Group and Ontario Teachers' on Saturday announced forming a strategic partnership under which they will invest around Rs 4,550 crore to grow future portfolios of Mahindra Susten Private Ltd (MSPL), a renewable energy platform of the former. "Mahindra Group and Ontario Teachers' have agreed to invest an amount of around Rs 4,550 Crores to grow MSPL's future portfolio," a regulatory filing said. The filing showed that under MSPL, a subsidiary of Mahindra Holdings Ltd (MHL) and 2452991 Ontario Ltd (2OL) have inked share purchase agreement and shareholders' agreement under the strategic partnership. The agreements provide for selling 30 per cent equity by MHL in MSPL to 2OL for a cash consideration of Rs 711 crore, it showed. Mahindra Holding Ltd (MHL), a subsidiary of Mahindra & Mahindra Ltd, will sell additional 9.99 per cent of the paid-up equity share capital of MSPL to any other investor(s) or 2OL or any of its affiliates (Ontario Teachers') by 31th May, 2023, showed