STEEL EXCHANGE INDIA LIMITED

Steel Exchange India Ltd.: Corrigendum to EGM Notice scheduled for March 30, 2026

Steel Exchange India Limited issued a corrigendum for its EGM on March 30, 2026. Amendments clarify preferential issue details, including direct links to valuation and compliance certificates. The company previously allotted 4,95,87,272 equity shares at ₹11.00 each.

Steel Exchange India Limited Confirms Interest Payment on NCDs

Steel Exchange India Limited made an interest payment of ₹1,80,78,368 on its Secured Non-Convertible Debentures (ISIN INE503B07044) on March 7, 2026. The issue size is ₹382.80 crore, with monthly interest payments.

Steel Exchange India Limited Announces EGM on March 30, 2026, with Book Closure & E-Voting

Steel Exchange India Limited will hold its 1st EGM on March 30, 2026. Book closure is from March 24-30, 2026. Remote e-voting is available from March 27-29, 2026. The cut-off date for voting eligibility is March 23, 2026.

STEELXIND Announces EGM on March 30, 2026, Sets March 23 as Cut-off Date

Steel Exchange India Limited will hold its 1st EGM for FY25-26 on March 30, 2026, via video conference. March 23, 2026, is set as the cut-off date for eligible voting members. The company's books will be closed from March 24 to March 30, 2026.

Steel Exchange India to hold EGM on March 30, 2026, for preferential issue of warrants

Steel Exchange India Limited will hold its 1st EGM on March 30, 2026, to approve the preferential issuance of up to 36,14,60,300 convertible equity warrants at ₹9.45 each. This preferential issue aims to raise up to ₹350 crore. The meeting will be held via Video Conferencing.

Steel Exchange India Ltd to Raise ₹350 Cr via Preferential Issue; IMR Group to Invest ₹300 Cr

Steel Exchange India Ltd will raise ₹350 crore via preferential issue. IMR Group will invest ₹300 crore through its Indian entities, India Coke and Power Private Limited and IMR Steel Private Limited. This capital infusion aims to strengthen SEIL's operations and support growth.

Steel Exchange India Board Approves ₹350 Crore Preferential Issue of Warrants

Steel Exchange India approved issuing up to 36,14,60,300 convertible warrants at ₹9.45 each, aiming to raise ₹350 crore via preferential allotment. The board also approved the EGM notice and modifications to NCD terms, changing the charge ranking on current assets. Warrants have an 18-month conversion tenure.

Steel Exchange India Approves ₹350 Crore Preferential Issue of Warrants, Plans EGM

Steel Exchange India approved a ₹350 crore preferential issue of 36,14,60,300 convertible warrants at ₹9.45 each. The company also plans an EGM and will modify terms of its listed NCDs, changing the security charge ranking. Warrants are convertible within 18 months.

STEELXIND Publishes Q3FY26 Standalone Results, Total Income at ₹105.84 Crore

STEEL EXCHANGE INDIA LIMITED reported Q3FY26 standalone results. Total Income from Operations increased to ₹105.84 crore from ₹80.83 crore year-on-year. Net Profit after tax rose to ₹5.30 crore from ₹1.65 crore. EPS surged to ₹190.40 from ₹9.27. Results approved on February 14, 2026, published on February 16, 2026.

Steel Exchange India Q3FY26 Standalone Results: Net Profit ₹227.90 Lakhs

Steel Exchange India Limited reported standalone results for Q3FY26. Net profit for the quarter was ₹227.90 lakhs on total income of ₹24,085.60 lakhs. For the nine months ended Dec 31, 2025, net profit was ₹1,462.07 lakhs. The Board approved these results on Feb 14, 2026.

Steel Exchange India Ltd: CFO Brahmaiah Telaprolu Resigns Due to Medical Reasons

Mr. Brahmaiah Telaprolu has resigned as Chief Financial Officer of Steel Exchange India Limited due to medical reasons. His resignation is effective from the close of business hours on February 11, 2026. The company has accepted his resignation.

STEELXIND Files SEBI Compliance Certificate for Q3 FY26

Steel Exchange India Limited filed a certificate under SEBI regulations for the quarter ended December 31, 2025. Details of dematerialized securities were furnished to stock exchanges by the company's RTA, confirming compliance with depositories' requirements.

STEELXIND Makes Scheduled Redemption of Secured Non-Convertible Debentures on Jan 7, 2026

STEEL EXCHANGE INDIA LIMITED completed a partial redemption of Secured Non-Convertible Debentures on January 7, 2026. The redeemed amount was ₹3,54,56,850/-, with the outstanding balance now at ₹1,95,01,28,664/-. The maturity date for the debentures is October 6, 2030.

STEELXIND: Interest Payment Made on Secured Non-Convertible Debentures on Jan 7, 2026

STEEL EXCHANGE INDIA LIMITED made a monthly interest payment of ₹2,03,06,291 on its Secured Non-Convertible Debentures on January 7, 2026. This payment was due on the same date and relates to an issue size of ₹382,80,00,000.

Steel Exchange India Limited: Nominee Director Resigns Due to Lender Withdrawal

Mr. Nagoji Ram Mohan has resigned as Nominee Director of Steel Exchange India Limited, effective January 02, 2026. The resignation is a result of Vishwa Samudra Holdings Private Limited withdrawing his nomination.

Steel Exchange India Limited: Nominee Director Mr. Nagoji Ram Mohan Resigns

Mr. Nagoji Ram Mohan has resigned as Nominee Director of Steel Exchange India Limited. His resignation, effective January 02, 2026, is due to the lender withdrawing his nomination. The company acknowledged his contributions.

Steel Exchange India Board Approves ₹700 Crore Fund Raise, Achieves Investment-Grade Rating

Steel Exchange India's Board approved raising up to ₹700 crore via equity or debt. The company achieved an investment-grade credit rating (IVR BBB-/Stable) for facilities totaling ₹398.56 crore. This move aims to strengthen the balance sheet and support growth initiatives.

Steel Exchange India Limited's Credit Rating Upgraded by Infomerics

Steel Exchange India Limited's credit ratings have been upgraded by Infomerics. Non-Convertible Debentures (₹198.56 crore) and Long-Term Bank Facilities (₹150.00 crore and ₹10.00 crore) are now rated IVR BBB-/Stable. Short-Term Bank Facilities (₹40.00 crore) upgraded to IVR A3. This signifies improved creditworthiness.

STEELXIND: Credit Rating Upgraded by Infomerics Valuation and Rating

Infomerics Valuation and Rating upgraded STEELXIND's credit ratings. Non-Convertible Debentures (₹198.56 crore) moved to IVR BBB-/Stable. Term Loans (₹150 crore) and Cash Credit (₹10 crore) also rated IVR BBB-/Stable. Bank Guarantee (₹40 crore) upgraded to IVR A3. Ratings previously held by CareEdge Ratings.

Steel Exchange India to Raise Up to ₹700 Crore via Equity/Debt Instruments

Steel Exchange India Limited's Board approved raising up to ₹700 crore. Funds will be raised through equity shares, equity-linked instruments, or debt instruments via preferential issue, private placement, QIP, or public issue. A Fund-Raising Committee has been delegated powers to finalize terms.

Steel Exchange India Limited to Raise up to ₹700 Crore via Equity/Debt Instruments

Steel Exchange India Limited's Board approved raising up to ₹700 crore through equity or debt instruments. Funds will be raised in tranches via preferential issue, private placement, or QIP. A Fund-Raising Committee will manage the issuance details.

Steel Exchange India to Raise up to ₹700 Crore via Equity/Debt Instruments

Steel Exchange India Limited's board approved raising up to ₹700 crore through equity shares, equity-linked instruments, or debt instruments. The funds will be raised in one or more tranches via preferential issue, private placement, QIP, or public issue. A Fund-Raising Committee will manage the issuance details.

Steel Exchange India Limited's Simhadri TMT Bars Awarded GreenPro Ecolabel Certification

Steel Exchange India Limited's flagship Simhadri TMT Fe550D and Fe500D HSCRM bars (8mm-32mm) have received the GreenPro Ecolabel Certification from CII-Green Products & Services Council. This highlights the company's focus on sustainable manufacturing and ESG objectives.

Umashiv Garments Releases 1.17% Stake Pledge, Creates New Pledge

Umashiv Garments Private Limited released a pledge on 1.17% of Steel Exchange India Limited shares (1,45,55,375 shares) due to loan repayment. It simultaneously created a new pledge on the same shares as collateral for group company loans, in favor of Catalyst Trusteeship Limited.

Interest Payment on Secured Non-Convertible Debentures

Steel Exchange India Limited paid ₹1,95,83,838 as interest on Secured Non-Convertible Debentures on December 6, 2025, against the due date of December 7, 2025. The issue size is ₹3,82,80,00,000.

STEELXIND Announces Un-Audited Financial Results for Quarter and Half Year Ended September 30, 2025

Steel Exchange India Limited declared Un-Audited Standalone financial results for the quarter and half year ended September 30, 2025. Results were approved by the Board on November 14, 2025.

STEELXIND signs MoU with APEDB for ₹3450 crore green steel expansion and logistics park

STEELXIND and its subsidiary signed MoUs with APEDB for a ₹3450 crore expansion to add 10 lakh TPA green steel capacity and develop a logistics park.

STEELXIND reports strong H1 FY26 standalone results, secures new term loans and completes warrant conversion

Steel Exchange India reported H1 FY26 standalone revenue of ₹531.76 crore and net profit of ₹12.34 crore. The company repaid high-cost debt, secured ₹150 crore in new term loans, and completed a ₹54.55 crore equity warrant conversion.

STEELXIND reports Q2/H1 FY26 standalone results, undertakes significant debt restructuring and equity raise

STEELXIND announced Q2/H1 FY26 standalone results. The company reported lower quarterly profit but higher half-yearly profit, alongside significant debt restructuring and equity infusion.

Interest Payment Made on Secured Non-Convertible Debentures

Steel Exchange India Limited made interest payment of ₹2,64,29,652 to the holders of Secured Non-Convertible Debentures on 7th November 2025. The issue size is ₹3,82,80,00,000.

Disclosure of Creation of Encumbrance on Equity Shares

Steel Exchange India's Promoters created a Non-Disposal Undertaking encumbrance on equity shares on October 20, 2025, as per SEBI regulations, to prevent stake dilution without trustee approval.

Certificate under SEBI (Depositories and Participants) Regulations, 2018

Steel Exchange India Limited received a certificate under SEBI regulations for the quarter ended September 30, 2025, regarding dematerialization/rematerialization of securities.

Board Approves NCD Term Modifications, Expects Substantial Finance Cost Savings

STEELXIND's board approved NCD term modifications, reducing interest by 5.5% and extending maturity by 5 years, expected to save ₹130 crore in cash outflow and optimize capital structure.

Board approves NCD term modification, reducing interest costs by 5.50% and extending tenure

Steel Exchange India's board approved NCD term modifications, cutting interest rates by 5.50% and extending repayment tenure, leading to substantial finance cost savings and improved liquidity.

STEELXIND Completes ₹350 Cr Debt Refinancing, Expects Substantial Finance Cost Savings

Steel Exchange India Limited refinanced ₹350 crore debt at significantly lower interest rates and extended tenure, expecting substantial finance cost savings and improved cash flows.

CareEdge Ratings Upgrades STEELXIND's Credit Ratings to BB+; Stable

Steel Exchange India Limited received credit rating upgrades from CareEdge Ratings for its Non-Convertible Debentures, Long-Term, and Short-Term Bank Facilities, reflecting improved operational and financial performance, capacity expansion, and debt refinancing.

Steel Exchange India Completes ₹350 Crore Refinancing

Steel Exchange India completes ₹350 crore refinancing at significantly reduced interest rates, improving financial terms and extending repayment tenure.

Promoters Encumber 50.80% of Steel Exchange India Shares for Debt Refinancing

Steel Exchange India's promoters encumbered 50.80% of shares (99.95% of their holding) on September 27, 2025, to secure a ₹150 crore loan for debt repayment.

Steel Exchange India Secures ₹350 Cr Refinancing Facility

Steel Exchange India secures ₹350 Cr refinancing at lower interest, improving cash flows and supporting growth. The company has prepaid existing high-cost debts and NCDs.

STEELXIND: Outcome of 26th AGM & Submission of Voting Results

STEELXIND secures ₹350 crore refinancing, reducing interest rates by 5.50% and extending tenure

STEELXIND redeems ₹32.35 crore in Secured Non-Convertible Debentures ahead of schedule

STEELXIND's 26th AGM adopts FY25 financials, re-appoints directors, and alters MOA object clause

STEELXIND Board approves major business expansion into real estate, infrastructure, and logistics

STEELXIND: Interest Payment on Secured Non-Convertible Debentures

STEELXIND: Q1 FY26 Earnings Conference Call Audio Recording Available

STEELXIND Announces Strategic Logistics Collaboration in Visakhapatnam

STEELXIND posts 296% YoY growth in Q1 net profit

Steel Exchange India to hold Q1FY26 Earnings Call on August 06, 2025

Steel Exchange India Pays Interest on NCDs