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Steel Exchange India Limited ( (IN:STEELXIND) ) has issued an announcement.
Steel Exchange India Limited has confirmed that it paid the scheduled interest on its secured non-convertible debentures on March 7, 2026, matching the due date and demonstrating adherence to its debt servicing obligations. The monthly interest payment amounted to ₹1,80,78,368 on an issue size of ₹382.8 crore, with no delays or changes in payment terms, signaling stable financial discipline and offering reassurance to debenture holders and market participants about the company’s credit practices.
More about Steel Exchange India Limited
Steel Exchange India Limited operates in the steel industry, running an integrated steel plant at Sreerampuram in Vizianagaram district. The company focuses on manufacturing and supplying steel products and raises debt capital in the domestic market through listed secured non-convertible debentures, indicating reliance on capital markets for funding its operations and growth.
Average Trading Volume: 128,369
Technical Sentiment Signal: Sell
Current Market Cap: 10.61B INR
Find detailed analytics on STEELXIND stock on TipRanks’ Stock Analysis page.