Steel Exchange India Limited Repays Rs 43.19 Cr Debt; Total Reduction Nears Rs 71 Cr in Recent Period

Visakhapatnam (Andhra Pradesh) [India], April 23: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars...

Harshita Choudhary
Harshita Choudhary Verified Public Figure • 30 Mar, 2026 Chief Editor
Apr 23, 2026 • 4:30 PM  0
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Steel Exchange India Limited Repays Rs 43.19 Cr Debt; Total Reduction Nears Rs 71 Cr in Recent Period
“Steel Exchange India Limited Repays Rs 43.19 Cr Debt; Total Reduction Nears Rs 71 Cr in Recent Period”
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23 Apr 2026
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Steel Exchange India Limited Repays Rs 43.19 Cr Debt; Total Reduction Nears Rs 71 Cr in Recent Period

Visakhapatnam (Andhra Pradesh) [India], April 23: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a key advancement in its ongoing deleveraging efforts.

The Company has redeemed ₹43.19 crore towards Non-Convertible Debentures (NCDs) in a single tranche, representing approximately 13% of its total outstanding debt, reflecting a focused approach towards balance sheet strengthening.

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Harshita Choudhary Verified Public Figure • 30 Mar, 2026 Chief Editor

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