Steelco Gujarat Limited announced the successful listing of its non-convertible debentures on BSE's Wholesale Debt Market Segment on January 9, 2026. The company disclosed this development in compliance with SEBI regulations, marking a significant milestone in its debt capital market activities.

Debenture Details

The listing comprises 16,000 non-convertible debentures with specific characteristics that make them attractive debt instruments. Each debenture carries a face value of ₹1,00,000, creating a substantial aggregate offering for institutional investors.

Debenture Characteristics

The debentures possess several key features that define their investment profile. These securities are structured as senior, rated, listed, secured, redeemable, and partly paid-up instruments, providing multiple layers of investor protection and clarity.

Key features include:

• Senior status providing priority in repayment hierarchy
• Rated securities offering independent credit assessment
• Secured instruments backed by company assets
• Redeemable structure with defined maturity terms
• Partly paid-up allowing phased payment structure

Regulatory Compliance

Steelco Gujarat Limited made this disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement also complies with Chapter V and Annexure 18 of SEBI's master circular dated November 11, 2024, and Regulation 19 of SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

BSE Limited issued Notice No. 20260109-24 dated January 9, 2026, formally confirming the listing and admission to trading on the BSE Wholesale Debt Market Segment. The debentures became effective for trading from the same date, providing immediate market access for investors.

Market Implications

The successful listing represents Steelco Gujarat Limited's continued access to debt capital markets for funding requirements. With a paid-up value of ₹140 crores against the total face value of ₹160 crores, the partly paid-up structure provides flexibility in capital deployment while maintaining investor commitment to the full subscription amount.

Steelco Gujarat Limited has announced a board meeting scheduled for January 13, 2026, to deliberate on a significant corporate action involving equity shares issuance through rights issue. The company communicated this development to BSE Limited on January 8, 2026, ensuring compliance with regulatory disclosure requirements.

Board Meeting Agenda

The primary focus of the upcoming board meeting centers on the consideration and approval of the Letter of Offer for equity shares issuance. The company has structured this initiative to align with multiple regulatory frameworks and compliance standards.

Regulatory Compliance Framework

The proposed rights issue will operate under comprehensive regulatory oversight, ensuring adherence to established legal and procedural requirements. The company has identified specific regulatory provisions that will govern this equity issuance process.

Key regulatory compliance areas include:

• Companies Act 2013 provisions for equity share issuance
• SEBI Listing Obligations and Disclosure Requirements (LODR) regulations
• SEBI Issue of Capital and Disclosure Requirements (ICDR) Regulations 2025
• Additional applicable laws and amendments

Trading Window Restrictions

Steelco Gujarat Limited has implemented trading window closure measures in accordance with insider trading prevention protocols. The company has notified designated persons about these restrictions to maintain market integrity and regulatory compliance.

Corporate Communication

The company has fulfilled its disclosure obligations by informing BSE Limited about the scheduled board meeting under Regulation 29 of SEBI LODR regulations. This communication demonstrates the company's commitment to transparent corporate governance and timely stakeholder information sharing.

Bhavisha Dubber, Company Secretary and Compliance Officer, signed the official communication, ensuring proper authorization and regulatory compliance for this significant corporate development.