STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding 'Payment of interest to holders of Secured Non-Convertible Debentures - Submission under Regulation 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
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Awaiting price reaction for this filing.
Steel Exchange India Limited has paid monthly interest of ₹3.68 crore to holders of its Secured Non-Convertible Debentures (ISIN: INE503B07036) on the due date of July 31, 2025. The total issue size of these debentures is ₹38.28 crore, and interest is paid on a monthly basis. This is the regular interest payment for July, with the previous one made on June 30, 2025. The payment was made on time with no delay or default reported.
This is a routine regulatory disclosure confirming timely debt servicing. It signals that the company is meeting its debt obligations on schedule, which is a neutral-to-slightly-positive signal for existing debenture holders but unlikely to move the equity stock price materially.