STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding 'Payment of interest to holder of Secured Non-Convertible Debenture - Submission under Regulation 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
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Steel Exchange India Limited has confirmed timely payment of monthly interest on its Secured Non-Convertible Debentures (NCDs). The interest payment of ₹1,70,81,874 (approximately ₹1.71 crore) was made on the due date of 7th May 2026. The NCD issue has an outstanding size of ₹382.8 crore with ISIN INE503B07044. The company paid interest on time with no delay, and the previous interest payment was made on 7th April 2026. This is a routine compliance filing under SEBI LODR Regulations.
On-time interest payment indicates the company is meeting its debt obligations as scheduled, which is a positive signal for NCD holders and existing shareholders regarding the company's financial discipline.