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MSP Steel & Power share news and announcements

NSE: MSPLBSE: 532650Industrial ProductsSmall Cap

Last close ₹29.73down ₹0.89 (2.91%)BSE ₹29.67

Share price at the NSE close on 23 Oct 2026. Previous close ₹30.62.

52-week range of traded prices to 23 Oct 2026
₹26.25Low, 30 Mar 2026₹46.12High, 22 Jun 2026
Market cap
₹1,685 Cr1,160th largest listed
P/E
44.4
P/E without one-offs
12.1
P/B
1.6
Dividend yield
Nonein the last 12 months
ROE
3.8%
ROE without one-offs
13.9%
ROCE
9.7%
Debt to equity
0.30
Volume, NSE
5,59,46859.4% delivered

MSP Steel & Power share news and announcements

559 announcements, routine notices left out, newest first. Page 11 of 12.

  1. Nov 2010

    • 4 Nov · Board meeting

      To consider and take on record the Reviewed Unaudited Financial Results of the Company for the Quarter ended September 30, 2010.
    • 3 Nov · Board meeting

      Board of Directors of the Company at its Board Meeting held on November 03,2010,have decided to seek consent of the shareholders on the following resolutions through postal ballot: 1)Special Resolution U/s 81(IA) of the Companies Act 1956 for raising long term resources for an amount not exceeding Rs. 300.00 Cr, through issue of securities including issuance of securities by way of FCCB & QIB & private placement basis.2)Special Resolution U/s 81(1A) of the Companies Act 1956 for issuing Preference Shares for an amount not exceeding Rs. 120.00 Cr.3) Ordinary resolution U/s 94 of the Companies Act,1956 to increase the Authorised Share Capital of the Company from Rs. 75,00,00,000/- (Rupees Seventy five crore Only) divided into 6,00,00,000 (Six Crore ) equity shares of Re.10/- (Rupee Ten) each & 1,50,00,000/-(one Crore fifty lac)6% Non Cumulative preference shares of Rs.10/- (Rupee Ten) each to Rs. 97,00,00,000/-(Rupees Ninety Seven Crore Only) divided into 8,20,00,000 (Eight Crore twenty lac) equity shares of Re.10/- (Rupee Ten) each &.1,50,00,000/-(One Crore fifty lac)6% Non Cumulative preference shares of Rs. 10/-(Rupee Ten) each.
    • 1 Nov · Updates

      Company has started operation of its 115500 MTPA of Sponge Iron Plant and 18 MW Power Plant. With this commissioning the total Capacity of Sponge Iron Plant has increased by 59% from 192000 MTPA to 307500 MTPA & Power Plant by 75% from 18 MW to 42 MW. The power generated will be used both for captive purpose as well as for merchant sale.
  2. Oct 2010

    • 25 Oct · Board meeting

      To consider raising of funds by various means including issuance of securities by way of FCCB & QIB and to increase the Authorised Capital of the Company as per the decision taken in the Board meeting.
  3. Sep 2010

    • 9 Sep · Updates

      The Company is enhancing its capacity of Pellet Plant from 3,00,000/- mtpa to 9,00,000/- mtpa by setting up 6,00,000/- mtpa of Pellet Plant at Raigarh with a total project cost Rs.226 Cr. For financing of this project the Company has achieved the financial closure for debt funds of Rs.150 cr. DBS Bank has sanctioned ECB of 15 Million S$ which is equivalent to Rs.70 Cr. and balance of the funds is financial by Union Bank, Corporation Bank & Dena Bank. The Company is currently running 300000 MTPA of Pellet Plant, 192000 MTPA of Sponge Iron Plant, 144109 MTPA of Steel Melting Plant, 80000 MTPA of Rolling Mill, 128000 MTPA of Structural Rolling Mill, 24 MW of Power Plant. Apart from above, the Company has coal washery and own Railway Siding
    • 3 Sep · Meeting

      Register of Members and Share Transfer Books of the Company will remain closed from September 20, 2010 to September 29, 2010 (both days inclusive) for the purpose of payment of final dividend at the rate of 50 paise per share. Further the Annual General Meeting of the Company will be held on September 29, 2010.
  4. Aug 2010

    • 14 Aug · Business

      Pursuant to the approval accorded to the company in Annual General Meeting held on September 24, 2009 in term of Section 81(1A) the Company has decided to issue and allot 23,75,000/- redeemable non cumulative preference shares of Rs. 10/- each privately at a premium of Rs. 90/- each which shall carry a right to payment of dividend at the rate of 6% per annum.
  5. Jul 2010

    • 28 Jul · Board meeting

      To consider and take on record the Reviewed Unaudited Financial Results of the Company for the Quarter ended June 30, 2010.
  6. Jun 2010

  7. May 2010

    • 27 May · Management

      Mr.Debabrata Mukherjee the erstwhile Independent Director of the Company has shown his inability to continue as the Director of the Company and have resigned at the Board Meeting and Mr.P.K.Gupta who has given his consent to act as the Director of the Company is appointed as Independent director in his place with effect from 03.05.2010
    • 20 May · Board meeting

      To consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2010.
  8. Apr 2010

    • 23 Apr · Results

      The Company will publish its Audited Annual Accounts for the year ended 31st March, 2010 on or before 30th May, 2010, hence will not publish its un-audited quarterly result for the fourth quarter ended 31.03.2010
    • 22 Apr · Updates

      The Company has started commercial production of its state of art Structural Rolling Mill of 128000 MTPA in Raigarh (C.G.) which produces both heavy and medium Structural Steel - Joist, Beams, Chemicals and Angles, confirming to various international quality standard. The Company is selling TMT Bars under the brand name of MSP Gold TMT; Now Next Gen Structural Steel produced by MSP is also available in the market under the brand name MSP GOLD STRUCTURALS
  9. Feb 2010

    • 19 Feb · Board meeting

      To take on record the Limited Review Report of the Company for the quarter ended December 31, 2009.
  10. Jan 2010

    • 21 Jan · Updates

      "Announcement for sanction of term loan for New expansion Project at Raigarh". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 21 Jan · Board meeting

      Meeting on 29 Jan 2010: “Unaudited Financial Results for the qtr ended Dec 31, 2009”
  11. Dec 2009

    • 1 Dec · Results

      Reasons for the variations between the unaudited quarterly financial results and to date financial results for the quarter ended September 30, 2009.The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  12. Nov 2009

    • 24 Nov · Board meeting

      To consider and take on record the variations in the Financial Results of the Company for the quarter ended September 30, 2009 duly approved by the Company at its meeting held on October 24, 2009 due to limited review.
  13. Oct 2009

    • 26 Oct · Updates

      Enhancing the Company's production capacities. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 24 Oct · Board meeting

      Meeting on 30 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”
  14. Sep 2009

    • 29 Sep · Meeting

      Proceedings of the Annual General Meeting (Agm) of the Company held on September 24, 2009.The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 2 Sep · Meeting

      "The Company at its board meeting held on 20.08.2009 has made the following additions to the notice of the general meeting duly approved on 29.06.2009: The Company in its board meeting held on 20th August, 2009, has decided to issue, offer and allot Redeemable Preference Shares for an amount not exceeding Rs.1,20,00,00,000 (one hundred twenty crores), subject to the approval of the shareholders in general meeting and the amounts raised by this issue will be utilized for expansion projects of the Company. Further, it has been decided to increase the Authorised Share Capital of the Company subject to the approval of the shareholders of the Company from Rs.60,00,00,000 (sixty crores) divided into 6,00,00,000 (six crores) Equity Shares of Rs.10 each to Rs.75,00,00,000 (Seventy five crores) divided into 6,00,00,000 (six crores) Equity Shares of Rs.10 each and 1,50,00,000 (one crore fifty lac) Redeemable Preference Shares of Rs.10 each by creation of 1,50,00,000 (one crore fifty lac) new Redeemable Preference Shares of Rs.10/- each with the rights attached thereto in the manner provided by Articles of Association of the Company and to make the relevant changes in the Memorandum & Articles of Association of the Company". Further, the Company has submitted to the Exchange a copy of the Notice of Annual General Meeting of the Company scheduled to be held on September 24, 2009. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 1 Sep · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009.
  15. Aug 2009

    • 31 Aug · Meeting

      Annual General Meeting of the Company will be held on September 24, 2009. Further, the Book Closure dates is from September 17, 2009 to September 24, 2009 (both day inclusive) for the purpose of Annual General Meeting of the Company.
    • 20 Aug · Board meeting

      Board of Directors of the Company at their meeting held on August 20, 2009 has subject to requisite approvals decided the followings: 1) Issue of Redeemable Preference Shares for an amount not exceeding Rs. 120.00 crores. 2) Increase in Authorized Share Capital from existing Rs. 60.00 crores to Rs. 75.00 crores and consequential amendments in the Memorandum & Articles of Association of the Company.
    • 17 Aug · Board meeting

      To consider the issue of preferential shares
  16. Jul 2009

    • 21 Jul · Board meeting

      Meeting on 30 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
  17. Apr 2009

    • 21 Apr · Results

      Company will publish its Audited Annual Accounts for the year ended March 31, 2009 on or before June 30, 2009, hence will not publish its un-audited quarterly result for the fourth quarter ended March 31, 2009.
  18. Mar 2009

    • 2 Mar · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  19. Feb 2009

    • 23 Feb · Board meeting

      To take on record the variations in the Unaudited results for the quarter ended December 31, 2008, since audited.
  20. Jan 2009

    • 19 Jan · Board meeting

      Meeting on 31 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
    • 7 Jan · Updates

      The Ministry of Mines, Government of India, vide its letter no. 5/44/2007-M.IV dated 22.12.2008 has granted approval for prospecting license to the company for Iron Ore over an area of 150.00 hect. Durgkondal Forest Rang, distt. Kanker, Chhattisgarh. This license moves the company one step forward in having its captive iron ore mines for its manufacturing operations. With its own Coal Block and Iron Ore Mines, the company will be cost competitive with other steel manufacturer and its bottom line will improve in long run
    • 6 Jan · Limited Review Report

      Auditor's have conducted the limited review of the Unaudited financial results for the quarter ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  21. Nov 2008

    • 24 Nov · Board meeting

      To take on record the variations in the unaudited results for the quarter ended September 30, 2008, since audited.
  22. Oct 2008

    • 20 Oct · Board meeting

      Meeting on 31 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
  23. Sep 2008

    • 24 Sep · Meeting

      Proceedings of the Annual General Meeting of the Company held on September 24, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 1 Sep · Management

      Mr. Debabrata Mukherjee (Ex-Managing Director-Durgapur Steel Plant), who has given his consent to act as the Director of the Company is appointed as Non Executive Independent director of the Company in the Board Meeting
    • 1 Sep · Meeting

      Annual General Meeting of the Company will be held on September 24, 2008 to transact the business specified in the notice sent to the Members of the Company. Further, they have informed the Exchange that the Book Closure dates is from September 16, 2008 to September 24, 2008 (both days inclusive).
  24. Aug 2008

    • 13 Aug · Memorandum of Understanding

      Different MOU's signed by the Company with respective State Government. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  25. Jun 2008

    • 9 Jun · Board meeting

      To consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2008.
  26. Apr 2008

    • 22 Apr · Results

      Company will publish its Audited Annual Accounts for the year ended March 31, 2008 on or before June 30, 2008, hence will not publish its un-audited quarterly result for the fourth quarter ended March 31, 2008.
  27. Mar 2008

    • 31 Mar · Updates

      Vide its letter dated March 28, 2008 that : "Pursuant to the MOU signed by MSP Steel & Power Limited with Government of Madhya Pradesh on 27.10.2007 for setting up a 2 million tonne, Clinker and Cement Plant, the Company has been , granted prospecting License for captive limestone mines over an area of 683.47 hectares, in the rich limestone belt of Katni, M. P. The Company believes that the area granted contains sufficient to meet its complete requirement of Limestone through Captive Mines for the proposed project."
    • 10 Mar · Memorandum of Understanding

      MSP Steel & Power Limited has signed Memorandum of Understandings (MOU) with M.P Trade & Investment Facilitation Corp Ltd., Government of Madhya Pradesh, on 16.02.2008 for setting up two Iron Ore Beneficiation Plants, one in the District of Jabalpur & other in Katni, with the capacities of 5.0 MTPA each, with a proposed Investment of Rs. 200.00 crores in each plant and a Pelletisation and Steel Plant of appropriate capacities in the above districts provided that the beneficiated ore is suitable for pelletisation. Government of Madhya Pradesh shall facilitate required infrastructure facilities, incentives and will facilitate to obtain the necessary clearances and concessions for the project from single window
  28. Jan 2008

    • 22 Jan · Board meeting

      Meeting on 31 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
  29. Nov 2007

    • 5 Nov · Memorandum of Understanding

      MSP Steel & Power Limited has signed a Memorandum of Understanding (MOU) with M. P Trade & Investment Facilitation Corp., Government of Madhya Pradesh, on 27.10.2007 for setting up a 2 million tonne, Clinker and Cement unit in the State of M.P with a proposed Investment of Rs.1000.00 crores. Government of Madhya Pradesh shall facilitate allocation of land and grant of captive limestone mines. Further it shall facilitate in recommendations being sent by the Government of Madhya Pradesh to Government of India for allocation of coal linkage and allotment of captive coal block for the project.
  30. Oct 2007

    • 17 Oct · Board meeting

      Meeting on 31 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
  31. Sep 2007

    • 20 Sep · Meeting

      Members of the Company at its Annual General Meeting (AGM) held on September 19, 2007, inter alias, have accorded the following: (1) Re-appointment of Sri Manish Agrawal and Sri Saket Agrawal as Directors of the Company, liable to retire by rotation. (2) Appointment of M/s. Dwarka Ashok & Associates, Chartered Accountants as auditors of the Company to hold office from the conclusion of this meeting until the conclusion of next Annual General Meeting of the Company, on remuneration, terms and conditions mutually decided, by the Board of Directors. (3) a) Re-appointment of Mr. Puranmal Agrawal as Chairman cum whole time Director of the Company for a period of 5 years with effect from June 07, 2007 upon the terms and conditions as to the remuneration and otherwise as set out in the agreement. b) Re-appointment of Mr. Suresh Kumar Agrawal as Managing Director of the Company for a period of 5 years with effect from June 07, 2007 upon the terms and conditions as to the remuneration and otherwise as set out in the agreement.