Steel Exchange India Receives GreenPro Ecolabel Certification for TMT Bars

1 min read     Updated on 17 Dec 2025, 03:36 PM
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Overview

Steel Exchange India has been awarded GreenPro Ecolabel certification for its Simhadri TMT Fe550D and Fe500D HSCRM bars in sizes 8mm to 32mm. The Type-1 eco-label certification from CII-Green Products Services Council followed an independent assessment of the company's manufacturing processes at its Vizianagaram facility, evaluating multiple sustainability parameters including resource efficiency and environmental impact.

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Steel Exchange India has successfully obtained GreenPro Ecolabel certification for its Simhadri TMT Fe550D and Fe500D HSCRM bars. The company officially announced this achievement through a regulatory filing under Regulation 30 of SEBI (LODR) Regulations, 2015, marking a significant milestone in its commitment to sustainable manufacturing practices.

Certification Details

The GreenPro Ecolabel certification has been awarded by the CII-Green Products Services Council for Steel Exchange India's flagship TMT products:

Product Specification Certification Details
Product Type TMT Fe550D and Fe500D HSCRM bars
Size Range 8mm to 32mm
Manufacturing Location Integrated Steel Plant, Vizianagaram
Certification Body CII-Green Products Services Council
Certification Type Type-1 eco-label

Comprehensive Sustainability Assessment

The GreenPro Certification represents a Type-1 eco-label that evaluates products across multiple sustainability parameters. The certification process involved an independent assessment of Steel Exchange India's manufacturing processes at its Integrated Steel Plant located at Sreerampuram, L.Kota Mandal, Vizianagaram District, Andhra Pradesh.

Assessment Parameters Focus Areas
Raw Material Efficiency Resource optimization
Energy Performance Manufacturing efficiency
Environmental Footprint Ecological impact reduction
Life-cycle Impact Product sustainability
End-of-life Management Waste management practices

Strategic Environmental Commitment

This recognition highlights Steel Exchange India's focus on sustainable manufacturing, optimized resource management, and environmentally responsible construction steel production. The certification aligns with the company's ongoing efforts to enhance plant performance and advance long-term Environmental, Social, and Governance (ESG) objectives.

The achievement validates Steel Exchange India's dedication to incorporating green practices into its production processes while maintaining high-quality standards for TMT bars, further solidifying its position as a responsible player in the steel industry.

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Steel Exchange India: Vizag Profiles Discloses Share Encumbrance Worth ₹171.60 Crores

1 min read     Updated on 17 Dec 2025, 12:32 PM
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Reviewed by
Jubin VScanX News Team
Overview

Vizag Profiles Private Limited filed regulatory disclosures regarding share encumbrance transactions involving Steel Exchange India Limited. The company reported pledge release and creation of 17,16,00,000 shares (13.76% of total capital) valued at ₹171.60 crores in December 2025. Post-transaction, Vizag Profiles holds 24,48,77,520 shares (19.63%) of Steel Exchange India. The encumbrance relates to 18,500 unrated, unlisted, secured, redeemable, non-convertible debentures worth ₹185.00 crores, with Catalyst Trusteeship Limited as the debenture trustee.

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Vizag Profiles Private Limited has submitted regulatory disclosures to stock exchanges regarding share encumbrance transactions involving Steel Exchange India Limited shares. The disclosures were filed under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on December 16, 2025.

Share Encumbrance Transactions

The company reported two significant transactions involving Steel Exchange India shares during December 2025:

Transaction Type Details
Pledge Release Date December 12, 2025
Pledge Creation Date December 15, 2025
Shares Involved 17,16,00,000 shares
Percentage of Total Capital 13.76%
Transaction Value ₹171.60 crores

Promoter Holdings and Encumbrance Details

Vizag Profiles Private Limited maintains a substantial position in Steel Exchange India Limited with comprehensive shareholding details:

Parameter Current Status
Total Promoter Shares 63,35,95,550 shares
Promoter Holding Percentage 50.80% of total share capital
Post-Transaction Holding 24,48,77,520 shares (19.63%)
Encumbered Shares Percentage 27.08% of promoter shareholding

Debenture Structure and Trustee Arrangement

The encumbrance relates to debentures issued by Vizag Profiles Private Limited, with Catalyst Trusteeship Limited acting as the debenture trustee. The debt instrument specifications include:

Debenture Details Specifications
Debenture Quantity 18,500 units
Nominal Value ₹1,00,000 per debenture
Total Value ₹185.00 crores
Nature Unrated, unlisted, secured, redeemable, non-convertible
ISIN Code INE0J0N07020

Regulatory Compliance

The disclosure confirms that the encumbered shares represent less than 50% of promoter shareholding and less than 20% of total share capital. The transactions were conducted for collateral purposes related to loans taken by the company and group companies. Suresh Bavineni, Director of Vizag Profiles Private Limited (DIN: 00181832), signed the regulatory filings.

Corporate Structure

Vizag Profiles Private Limited operates with CIN number U27105TG1997PTC028395, maintaining its registered office in Hyderabad, Telangana, and corporate office in Visakhapatnam, Andhra Pradesh. Steel Exchange India Limited shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Historical Stock Returns for Steel Exchange India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.70%+20.25%+8.27%+17.88%-9.38%+142.64%
Steel Exchange India
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