Steel Exchange India Limited Completes Partial Voluntary and Scheduled Redemption of Non-Convertible Debentures
Steel Exchange India Limited announced the completion of repayments toward its Non-Convertible Debentures (NCDs) on April 22, 2026. The company executed two distinct transactions: a Partial Voluntary Prepayment and a Scheduled Partial Redemption, detailed by the specific amounts and outstanding balances for each series.The repayment details concern NCDs identified by ISIN INE503B07044.
Partial Voluntary Prepayment Details
The first transaction was categorized as a Partial Voluntary Prepayment. On April 22, 2026, the company redeemed the debentures for an amount of 39,64,56,427/-.According to the details provided, the voluntary prepayment involved a reduction in face value from 500176 to 396608. The outstanding amount following this prepayment stood at 1,51,82,15,424/-. The original due date for this tranche of debentures was 06.10.2030.
| Particulars | Detail |
|---|---|
| ISIN | INE503B07044 |
| Redemption Type | Partial Voluntary Prepayment |
| Amount Redeemed | 39,64,56,427/- |
| Outstanding Amount | 1,51,82,15,424/- |
| Due Date | 06.10.2030 |
Scheduled Partial Redemption Details
The second transaction was a Scheduled Partial Redemption. This prepayment saw the company redeem debentures for an amount of 3,54,56,850/-.This redemption reduced the face value from 396608 to 387345. The scheduled redemption, classified as arising from the Amended & Restated Debenture Trust Deed, resulted in an outstanding balance of 1,48,27,56,660/-. The due date for this scheduled partial redemption was 07.07.2026.
| Particulars | Detail |
|---|---|
| ISIN | INE503B07044 |
| Redemption Type | Scheduled Partial Redemption |
| Amount Redeemed | 3,54,56,850/- |
| Outstanding Amount | 1,48,27,56,660/- |
| Due Date | 07.07.2026 |
STEELXIND Stock Price Movement
As of 9:58 AM, shares of STEEL EXCHANGE INDIA LIMITED are shedding 0.29% in live trading, currently sitting at ₹10.39. The stock maintains a trading range between ₹10.21 and ₹10.7, having seen 1.38 million shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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