Intimation under Regulation 57(1)-Certificate of Interest payment to Listed NCDs holder
STEELXIND · price
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Steel Exchange India Ltd has confirmed timely payment of monthly interest on its Secured Non-Convertible Debentures (NCDs). The interest payment of ₹1,70,81,874 was due on 7th May 2026 and was paid on the same date. The NCD issue size is ₹382.8 crore (ISIN: INE503B07044). The previous interest payment was made on 7th April 2026, and the record date for this payment was 1st May 2026. No delay or reason for non-payment was indicated.
Timely debt servicing reinforces the company's ability to meet its financial obligations, which is a positive indicator for NCD holders and overall creditworthiness. No impact on equity holders directly, but reduces near-term credit risk concerns.