STEELXIND: Interest Payment of ₹1.53 Crore on NCDs Made on Sep 7, 2026
Steel Exchange India Limited made an interest payment of ₹1.53 crore on its Secured Non-Convertible Debentures on September 7, 2026. The payment pertained to NCDs with an issue size of ₹382.80 crore. The interest payment frequency is monthly.
This is a routine interest payment disclosure for existing debt instruments and is unlikely to have a significant impact on the company's stock price or overall market perception.
The announcement is a routine disclosure of interest payment on debentures and does not contain any positive or negative financial performance indicators or future outlook.
Steel Exchange India Limited has certified the payment of interest to the holders of its Secured Non-Convertible Debentures (NCDs). The interest payment, which was due on September 7, 2026, was duly made on the same date.
The details of the interest payment indicate an ISIN of INE503B07044 for the NCDs, with an issue size of ₹382.80 crore. The interest amount paid on the due date was ₹1.53 crore. The interest payment frequency is monthly, and there were no changes to this frequency. The record date for this interest payment was August 21, 2026, with the due date and actual payment date both being September 7, 2026. The last interest payment was made on August 7, 2026. There were no reasons cited for any non-payment or delay in payment.
What to do with a filing like this
STEEL EXCHANGE INDIA LIMITED filed this with the NSE as a statutory disclosure, categorised under interest payment. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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