Steel Exchange India Limited (STEELXIND) has informed the exchanges regarding the payment of scheduled partial redemption and interest to the holders of its Secured Non-Convertible Debentures (NCDs). The company confirmed that the payment was made on April 7, 2026, as per the terms of the Amended & Restated Debenture Trust Deed. In terms of partial redemption, the face value of the NCDs (ISIN INE503B07044) was reduced from ₹50,94,38,000 to ₹50,01,76,000, with an amount of ₹3,54,56,850 being redeemed. The outstanding amount post-redemption stands at ₹1,91,46,71,814. Additionally, the company made a monthly interest payment of ₹2,08,01,387 on the NCDs. The last interest payment was made on March 7, 2026, and the record date for this interest payment was March 23, 2026.
