Steel Exchange India pays Rs 1.81 crore interest on non-convertible debentures

Business Desk — Mon, 09 Mar 2026 06:04:38 +0000

Steel Exchange India has successfully completed the payment of interest amounting to ₹1,80,78,368 to the holders of its Secured Non-Convertible Debentures (NCDs). The payment, which was due on 7th March 2026, was made on the same date, ensuring timely fulfilment of its obligations.

The debentures, identified by the ISIN INE503B07044, have an issue size of ₹382.8 crore. The interest payments are made on a monthly basis, with the last payment having been made on 7th February 2026. The record date for the recent interest payment was set for 6th March 2026.

Steel Exchange India has maintained a consistent schedule of interest payments on its NCDs, with no changes in the frequency of these payments. The company has not reported any delays or non-payments, reflecting its commitment to meeting financial obligations promptly.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by News Desk before publication.

Financial Obligations | Business Upturn

Steel Exchange India pays Rs 1.81 crore interest on non-convertible debentures