Steel Exchange India pays ₹1.48 crore interest on NCDs
Steel Exchange India paid interest totaling ₹1.48 crore to holders of its Secured Non-Convertible Debentures (NCDs) on July 7, 2026. The payment, certified under Regulation 57(1) of the SEBI (LODR) Regulations, 2015, covers the monthly interest due against an issue size of ₹38.28 crore. The record date for eligibility was July 1, 2026, and the payment was completed on the due date without delay.
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Steel Exchange India paid interest totaling ₹1.48 crore to holders of its Secured Non-Convertible Debentures (NCDs) on July 7, 2026. The payment, certified under Regulation 57(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, covers the monthly interest due on the same date. The company continues to service its debt obligations, maintaining a monthly payment frequency for the instrument.
Interest Payment Details
The company disclosed that the interest amount of ₹1.48 crore was paid against an issue size of ₹38.28 crore. The record date for determining eligibility was July 1, 2026, while the actual payment was completed on the due date without delay.
| Parameter | Details |
|---|---|
| ISIN | INE503B07044 |
| Issue Size | ₹38.28 crore |
| Interest Amount Paid | ₹1.48 crore |
| Payment Frequency | Monthly |
| Record Date | July 1, 2026 |
| Due Date | July 7, 2026 |
| Actual Payment Date | July 7, 2026 |
| Last Interest Payment Date | June 6, 2026 |
Historical Stock Returns for Steel Exchange India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.17% | +1.01% | -2.35% | +40.72% | +10.54% | +71.79% |
How will the company's cash flow be impacted by the obligation to service this debt on a monthly frequency?
Does Steel Exchange India have plans to refinance or redeem this ₹38.28 crore debenture issue upon maturity?
What is the current credit rating assigned to this NCD issue, and are there any anticipated changes?
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