STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding 'Payment of Scheduled Partial Redemption and Interest to the holders 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 made a scheduled partial redemption of its Secured Non-Convertible Debentures (ISIN: INE503B07044) on April 7, 2026. The face value was reduced from 509,438 to 500,176 units, with a redemption amount of Rs. 3.55 crore paid. Additionally, monthly interest of Rs. 2.08 crore was paid on the same date. The outstanding debenture amount stands at approximately Rs. 191.47 crore. Both payments were made on time with no delays, and the redemption follows the terms of the Amended & Restated Debenture Trust Deed.
The company has demonstrated timely debt servicing by paying both scheduled redemption and interest as due. This indicates continued adherence to NCD obligations, which is a positive indicator for debenture holders.