Steel Exchange India Limited Announces Partial Redemption and Interest Payment
Steel Exchange India Limited confirmed making payments for Scheduled Partial Redemption and Interest to the holders of Secured Non-Convertible Debentures. The payments were completed on April 7, 2026.The company provided detailed particulars regarding the redemption and interest payment amounts.
The table below summarizes the details of the Scheduled Partial Redemption for the debentures.
| SI. No. | Particulars | Details |
|---|---|---|
| ISIN | INE503B07044 | |
| Type of redemption | Scheduled Partial Redemption | |
| Face Value reduced | 509438 to 500176 | |
| Reason for redemption | Others. i.e. Scheduled Partial Redemption as per the Amended & Restated Debenture Trust Deed. | |
| Due date for redemption | 07.04.2026 | |
| Actual date of redemption | 07.04.2026 | |
| Amount redeemed | 3,54,56,850/- | |
| Outstanding amount (Rs.) | 1,91,46,71,814/- |
Regarding the debenture interest payments, the company reported the following figures for ISIN INE503B07044.
| Particulars | Details |
|---|---|
| Issue size | 3828000000/- |
| Interest Amount to be paid on due date | 2,08,01,387/- |
| Frequency | Monthly |
| Due date for interest payment | 07.04.2026 |
| Actual date for interest payment | 07.04.2026 |
| Amount of interest paid | 2,08,01,387/- |
The last interest payment was recorded on March 7, 2026, with the last interest payment date also being March 7, 2026.
STEELXIND Stock Price Movement
Shares of STEEL EXCHANGE INDIA LIMITED are rallying to ₹9 as of 3:08 PM, up 9.76% in live trading. The stock trades on significant momentum, posting a total volume of 5.97 million shares today.Source:
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