Synopsis: Promoters of MSP Steel, K C P, GRM Overseas, and Gandhar Oil increased their stakes via market purchases in June 2026, signaling confidence and long-term commitment by enhancing holdings between 2–29% across these companies.
Promoter stake purchases occur when a company’s founders or key shareholders increase their ownership by buying more shares, either through the open market or structured deals like rights issues or buybacks. This move can signal various things, such as confidence in the company’s future, a belief that it’s undervalued, or preparation for significant changes like restructuring or going private.
Generally, when promoters buy more shares, it’s seen as a positive sign, indicating long-term commitment and confidence in the company’s growth. However, it may also be a strategy to strengthen control, prevent takeovers, or align their interests with other shareholders. Investors should assess the reasons behind such purchases to understand their implications. Here is the list of stocks in which the promoter increased their stake:
MSP Steel & Power Ltd
MSP Steel & Power Ltd is an Indian integrated steel and power company engaged in manufacturing sponge iron, TMT bars, billets, and ferro alloys. It also operates captive power plants to support production efficiency. The company focuses on infrastructure-driven steel demand, capacity expansion, and cost optimization in India’s growing industrial sector.
Shree Vinay Finvest P Ltd., classified as a promoter group entity, acquired 2,850,000 equity shares through a market purchase and was reported to the exchange on June 11th, 2026. The transaction was executed at an average price of Rs. 41.3 per share, with a total deal value of Rs. 11.76 Crores. Following this acquisition, the entity’s post-transaction holding stood at 19,686,843 shares, representing 3.47% of the company’s equity.
Along with it, Sampat Marketing Company Pvt Ltd, also part of the promoter group, acquired 700,000 equity shares via a market purchase and was reported to the exchange on June 11th, 2026. The shares were acquired at an average price of Rs. 41.4 per share, amounting to a total transaction value of Rs. 2.90 Crores. Post this acquisition, its total holding increased to 11,981,642 shares, accounting for 2.12% of the company’s equity.
Furthermore, Ilex Private Limited, another promoter group entity, acquired 1,660,000 equity through a market purchase and was reported to the exchange on June 11th, 2026. The shares were purchased at an average price of Rs. 41.5 per share, with a total value of Rs. 6.90 Crores. After the transaction, its holding stood at 15,178,500 shares, representing 2.68% of the company’s total equity.
K C P Ltd
K C P Ltd is a diversified Indian conglomerate engaged in cement manufacturing, heavy engineering, sugar production, and power generation. It has industrial operations in India and abroad, supplying cement and machinery. The company focuses on infrastructure growth, modernization of plants, and expanding its presence in engineering and construction-related sectors across key markets.
VRK Grandsons Investment Ltd, classified as a promoter group entity, acquired 89,505 equity shares through a market purchase, with the transaction reported to the exchange on June 11th, 2026, and executed during the trade period of June 4th, 2026, to June 10th, 2026.
The shares were acquired at an average price of Rs. 160.2 per share, with a total transaction value of approximately Rs. 1.43 Crores. Following this acquisition, the entity’s post-transaction holding stood at 4,338,698 shares, representing 3.36% of the company’s equity.
GRM Overseas Ltd
GRM Overseas Ltd is an Indian basmati rice processing and export company known for premium rice brands and packaged food products. It exports to multiple international markets and operates modern milling facilities. The company focuses on value-added rice products, branding, and the expansion of its FMCG presence in global agri-food supply chains.
Atul Garg, classified as a Promoter & Director, acquired 150,000 equity shares through a market purchase, with the transaction reported to the exchange on June 11th, 2026 and executed during the trade period of June 8th, 2026.
The shares were acquired at an average price of Rs. 122.0 per share, with a total transaction value of approximately Rs. 1.83 Crores. Following this acquisition, the entity’s post-transaction holding stood at 42,642,067 shares, representing 20.58% of the company’s equity.
Gandhar Oil Refinery Ltd
Gandhar Oil Refinery Ltd is a leading Indian manufacturer of white oils, lubricants, and specialty petroleum products. It serves industries such as cosmetics, pharmaceuticals, rubber, and plastics. The company exports globally and focuses on high-quality refining, product innovation, and expanding its footprint in specialty oil segments worldwide across international markets.
Ramesh Babulal Parekh, classified as a Promoter & Director, acquired 25,738 equity shares through a market purchase, with the transaction reported to the exchange on June 11th, 2026 and executed during the trade period of June 9th, 2026.
The shares were acquired at an average price of Rs. 158.9 per share, with a total transaction value of approximately Rs. 40.89 Lakhs. Following this acquisition, the entity’s post-transaction holding stood at 28,089,627 shares, representing 28.69% of the company’s equity.
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