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Steel Exchange India Limited ( (IN:STEELXIND) ) just unveiled an announcement.
Steel Exchange India Limited’s board approved modifications to the terms of its Non-Convertible Debentures (NCDs), including a reduced interest rate and extended repayment tenure. This strategic refinancing aims to optimize the company’s capital structure, reduce borrowing costs, and improve liquidity, which is expected to enhance shareholder value.
More about Steel Exchange India Limited
Steel Exchange India Limited operates in the steel industry, focusing on the production and distribution of steel products. The company runs an integrated steel plant located in Vizianagaram District, India.
Average Trading Volume: 649,729
Technical Sentiment Signal: Buy
Current Market Cap: 13.06B INR
For an in-depth examination of STEELXIND stock, go to TipRanks’ Overview page.