Promoters Buy Shares Worth ₹32 Crore Across Four Companies

Promoter buying remained in focus after a series of disclosures showed increased stake purchases across four listed companies.

According to exchange filings, promoters and promoter group entities bought more than 66.6 lakh shares worth around ₹32.18 crore, leading to higher ownership levels in the respective firms.

Here are the stocks that witnessed promoter purchases.

1. GRM Overseas Ltd

Business

GRM Overseas manufactures and exports basmati rice and has expanded into packaged food products under brands such as 10X and Himalaya River.

Stock details

  • Market capitalisation: ₹1,899 crore
  • Share price: ₹91.6

Promoter transaction

Atul Garg, Promoter and Director, purchased:

  • Shares acquired: 4.50 lakh
  • Average price: ₹94.1 per share
  • Transaction value: ₹4.23 crore

Following the purchase, his holding rose to:

  • 4.33 crore shares
  • 20.91% stake

2. MSP Steel & Power Ltd

Business

MSP Steel & Power manufactures sponge iron, billets, TMT bars and pellets. The company also has captive power facilities.

Stock details

  • Market capitalisation: ₹2,470 crore
  • Share price: ₹43.6

Several promoter group entities bought shares on June 15, 2026.

Ginny Traders Pvt Ltd
  • Shares acquired: 9 lakh
  • Average price: ₹40.6
  • Transaction value: ₹3.65 crore
  • Stake after acquisition: 2.06%
M A Hire Purchase Private Limited

The entity carried out two transactions.

  • Total shares purchased: 18.15 lakh
  • Average prices: ₹41 and ₹40.90
  • Combined value: ₹7.44 crore
  • Stake after acquisition: 2.61%
Ilex Private Limited
  • Shares acquired: 13.40 lakh
  • Average price: ₹40.75
  • Transaction value: ₹5.45 crore
  • Holding after acquisition: 1.65 crore shares
  • Ownership stake: 2.92%
Shree Vinay Finvest Pvt Ltd
  • Shares acquired: 20.50 lakh
  • Average price: ₹40.68
  • Transaction value: ₹8.32 crore
  • Holding after acquisition: 2.17 crore shares
  • Ownership stake: 3.84%

3. Bajaj Healthcare Ltd

Business

Bajaj Healthcare manufactures APIs, intermediates, formulations and nutraceutical products.

Stock details

  • Market capitalisation: ₹1,006 crore
  • Share price: ₹299

Promoter transaction

Anil Champalal Jain, a member of the promoter group, acquired:

  • Shares purchased: 1 lakh
  • Average price: ₹297.3
  • Transaction value: ₹2.97 crore

After the acquisition, his holding increased to:

  • 20.37 lakh shares
  • 6.05% stake

4. IndiQube Spaces Ltd

Business

IndiQube Spaces provides managed workplace and flexible office solutions across India.

Stock details

  • Market capitalisation: ₹3,468 crore
  • Share price: ₹164

Promoter transaction

Meghna Agarwal, Promoter and Director, purchased:

  • Shares acquired: 5,500
  • Average price: ₹159.8
  • Transaction value: ₹8.79 lakh

Her holding rose to:

  • 3.37 crore shares
  • 15.89% stake

Promoter buying at a glance

CompanyBuyerShares PurchasedTransaction Value
GRM OverseasAtul Garg4.50 lakh₹4.23 crore
MSP Steel & PowerPromoter group entities61.05 lakh₹24.86 crore
Bajaj HealthcareAnil Champalal Jain1 lakh₹2.97 crore
IndiQube SpacesMeghna Agarwal5,500₹8.79 lakh

Key takeaways

  • Total promoter purchases exceeded 66.6 lakh shares.
  • Aggregate transaction value stood at around ₹32.18 crore.
  • MSP Steel & Power accounted for the bulk of the buying.
  • Several promoter entities increased their ownership stakes.

TL;DR

Promoters and promoter group entities bought over 66.6 lakh shares worth around ₹32.18 crore across GRM Overseas, MSP Steel & Power, Bajaj Healthcare and IndiQube Spaces. MSP Steel saw the highest buying activity.

AI Summary

  • Four companies disclosed promoter purchases.
  • More than 66.6 lakh shares were acquired.
  • Total transaction value was about ₹32.18 crore.
  • MSP Steel & Power recorded the largest promoter buying.
  • GRM Overseas promoter Atul Garg bought 4.5 lakh shares.
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