May, 09 2026 Saturday 03:48 Hrs
Last update 11-9-2025
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  • Top commodity trading and broking companies in India-516.33( -0.66%) 08-May-2026
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Company News Details

Steel Exchange India Ltd
Industry :  Steel - Medium / Small
BSE Code
ISIN Demat
Book Value()
534748
INE503B01021
4.3769587
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
STEELXIND
71.07
1359.7
EPS(TTM)
Face Value()
Div & Yield %
0.15
1
0
 

Steel Exchange India Ltd
Steel Exchange India repays debt of Rs 28 cr over two quarters
Apr 09,2026

Steel Exchange India has announced a significant update on its debt reduction journey. The Company had availed credit facilities, including term loans and Non-Convertible Debentures (NCDs), in September 2025 to support its operational and growth initiatives. Reinforcing its commitment to financial discipline and balance sheet strengthening, Steel Exchange India Limited has successfully repaid approximately Rs 28 crore over the last two quarters.

During the period October 2025 to March 2026, a scheduled Partial Redemption was carried out, with Rs 21.43 crores repaid towards term loans and Rs 7.09 crores towards NCDs. This consistent progress highlights the Company's improving cash flow generation, prudent capital allocation, and focus on enhancing financial resilience. The ongoing deleveraging efforts are expected to support reduced finance costs and provide greater flexibility to pursue growth opportunities in a capital efficient manner.

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