Steel exchange india Limited has announced the successful completion of interest payment to holders of its Secured Non-Convertible Debentures on February 07, 2026. The company submitted the compliance report under Regulation 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Interest Payment Details

The company paid the scheduled interest amount on the exact due date without any delays. The debentures carry ISIN INE503B07044 and represent a significant portion of the company's debt financing structure.

Payment Schedule and Compliance

The interest payment follows the established monthly frequency schedule with no changes reported in the payment structure. The company maintained its commitment to timely payments, with the actual payment date matching the scheduled due date of February 07, 2026.

The record date for determining eligible debenture holders was set as February 03, 2026, providing adequate notice to investors. The company reported no delays or issues in the payment process, indicating smooth operational execution of its debt servicing obligations.

Regulatory Compliance

Steel Exchange India Limited submitted the mandatory compliance report to both BSE Limited and National Stock Exchange of India Limited. The report was signed by Company Secretary and Compliance Officer Raveendra Babu M, ensuring proper corporate governance procedures were followed.

The company operates its integrated steel plant at Sreerampuram, L.Kota Mandal, Vizianagaram District, maintaining its focus on steel manufacturing operations while meeting its financial obligations to debenture holders.

Steel Exchange India Limited has completed the scheduled redemption of its Listed, Rated, Secured Non-Convertible Debentures (NCDs) on January 7, 2026, and submitted the required details to BSE Limited and National Stock Exchange under Regulation 57(1) of SEBI (LODR) Regulations, 2015. The company, which operates an integrated steel plant in Sreerampuram, Vizianagaram District, provided comprehensive information about the redemption completion and regulatory compliance.

Redemption Completion Details

The scheduled redemption was executed as a partial redemption by face value reduction, with the company successfully completing the process on the designated date. The redemption involved reducing the face value of existing NCDs while maintaining the debenture structure.

Regulatory Compliance

The company submitted detailed information to both BSE Limited and National Stock Exchange of India Limited, ensuring full compliance with regulatory requirements. The submission was made under Regulation 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Operations

Steel Exchange India Limited continues to operate its integrated steel plant facility in Sreerampuram, L.Kota Mandal, Vizianagaram District. The company maintains its registered office in Hyderabad and corporate office in Visakhapatnam, ensuring proper operational oversight and regulatory compliance across its business operations.

Financial Impact

The successful completion of the scheduled redemption demonstrates the company's commitment to honoring its debt obligations while managing its capital structure effectively. With ₹195.01 crores still outstanding in secured NCDs, the company maintains a structured approach to debt management with the remaining debentures scheduled to mature on October 6, 2030.