Steel Exchange India Reports Rs 28 Crore Debt Repayment Over Two Quarters
Visakhapatnam (Andhra Pradesh) [India], April 10: Steel Exchange India Limited (NSE: INE503B01021, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI...
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“Steel Exchange India Reports Rs 28 Crore Debt Repayment Over Two Quarters”
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10 Apr 2026
Visakhapatnam (Andhra Pradesh) [India], April 10: Steel Exchange India Limited (NSE: INE503B01021, 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 significant update on its debt reduction journey.
The Company had availed credit facilities, including term loans and Non-Convertible Debentures (NCDs), in September 2025 to support its operational and growth initiatives. Reinforcing its commitment to financial discipline and balance sheet strengthening, Steel Exchange India Limited has successfully repaid approximately ₹28 Crores over the last two quarters.
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