Steel Exchange India Convertible Warrants

Steel Exchange India Results Update

Steel Exchange India Ltd reported a nine-fold surge in Q2 FY27 PAT to ₹18 Crore. Revenue rose 46% to ₹343 Crore alongside a ₹102 Crore debt reduction.

quarterly production

69617.42 MT

Steel Exchange India Q2 FY27 Results: Net Profit ₹17.6 Cr, Up 738.1% YoY

Steel Exchange India Ltd reported revenue from operations of ₹343.2 Cr (+48.1% YoY) and net profit of ₹17.6 Cr (+738.1% YoY) for Q2 FY27.

Key figure

Net profit ₹17.6 Cr · +738.1% YoY

Steel Exchange India Board Meeting Date

Steel Exchange India scheduled a board meeting for 04 Nov 2026 to consider unaudited Q2/H1 results. No financial figures or material decisions are reported in this advance intimation.

Steel Exchange India Other Announcement

Steel Exchange India Ltd filed its quarterly shareholding pattern. It noted the transmission of 43,31,500 shares due to a promoter's death.

Steel Exchange India Business Update

Steel Exchange reported record Re-Bar production, a two-notch credit upgrade, and ₹102 Crore debt reduction in H1 FY27, alongside an NMDC supply MoU.

quarterly Re-Bar production

69617.424 MT

Steel Exchange India Results Update

SEIL posted provisional Q2 FY27 revenue of ~₹340 Crore, up 45% YoY, on record Re-Bar output of 69,465 MT. PLI diversification and operational gains mark its turnaround.

Shah Metacorp Convertible Warrants

Shah Metacorp received listing approvals from BSE and NSE for 1,00,00,000 equity shares following warrant conversions. NSE also issued an advisory letter regarding delayed warrant lock-ins.

Value

₹4.71 Cr

AVP Infracon Convertible Warrants

AVP Infracon Limited reported zero deviation in the utilization of funds raised via convertible warrants. The company fully utilized the upfront receipt of Rs. 10.00 Crore for operational expansion.

Value

₹10.00 Cr

Diana Tea Company Convertible Warrants

Diana Tea Company Limited allotted 40,74,075 fully convertible warrants to promoter group entities at Rs. 27 per warrant. The company received Rs. 2.75 Crore, representing 25% of the total issue size.

Value

₹11.00 Cr

Execution

18 months

Diana Tea Company Convertible Warrants

Diana Tea allotted 40,74,075 convertible warrants at Rs.27 each to promoters, raising about Rs.1.10 Crore. This completes the preferential warrant issue to the promoter group.

Value

₹1.10 Cr

Kiri Industries Convertible Warrants

Kiri Industries received in-principle exchange approval for 60,82,600 warrants convertible into equity shares at ₹475 each to promoters. The issue values approximately ₹288.92 Crore.

Value

₹288.9 Cr

Apollo Pipes Convertible Warrants

Apollo Pipes converted 20,00,000 fully convertible warrants into equity shares at ₹550 per share (₹110 Crore). Paid-up capital rose from ₹44.05 to ₹46.05 Crore.

Value

₹110.0 Cr