Steel Exchange India Limited has informed the stock exchanges of the timely payment of interest to holders of its Secured Non-Convertible Debentures (NCDs), fulfilling its obligations under Regulation 57(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the interest payment was completed on May 07, 2026, coinciding with the due date, with no delay or change in payment frequency reported.

Interest Payment Details

The company submitted the following details of the interest payment to BSE Limited and the National Stock Exchange of India Limited. The payment relates to Secured NCDs with a monthly interest payment frequency and an issue size of 3828000000/-.

Regulatory Compliance

The disclosure was submitted to the Department of Corporate Services at BSE Limited and the Listing Department at the National Stock Exchange of India Limited on May 07, 2026. The communication was signed by Raveendra Babu M, Company Secretary and Compliance Officer, on behalf of Steel Exchange India Limited. The company has requested both exchanges to take the submission on record, confirming full compliance with the applicable SEBI listing regulations.

Steel Exchange India Limited has received a renewal of approval from the Military Engineer Services (MES), under the Ministry of Defence, for the manufacturing and supply of its TMT bars. The company disclosed this development on May 6, 2026, through an intimation filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The renewal approval was received on May 5, 2026, and has been granted by the Directorate General of Work (DGW), Military Engineer Services.

Approval Details

The renewal pertains to the manufacturing and supply of TMT bars under the brand name SIMHADRI TMT, produced at the company's integrated steel plant located at Sriram Puram, Vizianagaram District, Andhra Pradesh. The bars are manufactured using TEMPCORE technology and comply with applicable standards and regulatory requirements, including testing as per IS 1786:2008 standards and periodic inspection of manufacturing processes and quality systems by MES authorities. The following table summarises the key details of the approval:

Significance of the Renewal

The renewed approval enables Steel Exchange India to continue its participation in MES projects, which are characterised by stringent quality standards and high entry barriers. MES approvals are granted to a select set of manufacturers meeting rigorous criteria, creating a high entry barrier vendor base. The approval covers TMT bar grades Fe 500D and Fe 500D HSCRM across a size range of 8 mm to 32 mm, reinforcing the company's presence in government and infrastructure-linked supply segments. The 5-year validity period provides an extended window for sustained institutional supply under the MES framework.

Commenting on the development, the management of Steel Exchange India Limited stated: "This renewal reflects our consistent focus on quality and disciplined execution, which are critical for institutional supply. It reinforces our position in a segment characterized by stringent standards and high entry barriers. We see this as an important step in sustaining our participation in MES projects and strengthening our presence in government and infrastructure-linked segments."

About Steel Exchange India Limited

Steel Exchange India Limited (SEIL), part of the Vizag Profiles Group, is a leading manufacturer of TMT rebars under the brand 'SIMHADRI TMT'. Founded in 1999, the company has grown from a steel trading and online platform into one of the most trusted integrated steel manufacturers in Andhra Pradesh and Telangana. SEIL operates an Integrated Steel Plant and Power Unit in Vizianagaram District, near Visakhapatnam, housing sponge iron, billet, rolling mill, and power generation capacities, enabling complete backward and forward integration for long steel production. In line with the 'Atmanirbhar Bharat' vision, the company is diversifying into specialty steels under the PLI scheme to support import substitution and expand its value-added offerings.

The disclosure was signed by Raveendra Babu M, Company Secretary and Compliance Officer (M.No: A34409), on behalf of Steel Exchange India Limited, and was submitted to both BSE Limited and the National Stock Exchange of India Limited in accordance with applicable listing regulations.