STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding 'Intimation of Partial Voluntary Prepayment and Scheduled Partial Redemption of Rs 41.66crore towards Non-Convertible Debentures (NCDs) under Regulation 57(1) of Securities andExchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
STEELXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Steel Exchange India has repaid a total of Rs 41.66 crore towards its Non-Convertible Debentures (NCDs) on April 22, 2026. This includes a voluntary prepayment of Rs 39.64 crore and a scheduled partial redemption of Rs 3.55 crore under ISIN INE503B07044. The voluntary prepayment was originally due on October 6, 2030, meaning the company paid this amount well ahead of schedule. After these payments, the outstanding NCD amount stands reduced to about Rs 148.28 crore. The company also paid its last interest installment on April 7, 2026.
This is a positive signal for shareholders as the company is actively reducing its debt burden ahead of schedule, which improves its financial health and lowers future interest obligations. It reflects healthy cash flow and a deleveraging strategy, though the total outstanding debt of Rs 148+ crore remains significant.