Steel Exchange India redeems NCDs worth Rs 43.19 cr

April 23, 2026 · 12:04 pm IST Source: Business Standard

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Key Takeaways

Total debt reduction stands at Rs 71.19 cr over last two quarters Steel Exchange India has redeemed Rs 43.19 crore towards Non-Convertible Debentures (NCDs) in a single tranche, representing approximately 13% of its total outstanding debt.
This follows the Company's repayment of Rs 28 crore over the last two quarters.
With this, total debt reduction stands at Rs 71.19 crore in the recent period, highlighting continued progress in deleveraging supported by strong operational cash flows.

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Total debt reduction stands at Rs 71.19 cr over last two quarters
Steel Exchange India has redeemed Rs 43.19 crore towards Non-Convertible Debentures (NCDs) in a single tranche, representing approximately 13% of its total outstanding debt.

This follows the Company's repayment of Rs 28 crore over the last two quarters. With this, total debt reduction stands at Rs 71.19 crore in the recent period, highlighting continued progress in deleveraging
supported by strong operational cash flows.

Originally reported by Business Standard.

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