Steel Exchange India Credit Rating
Infomerics upgraded Steel Exchange India's credit ratings: NCDs and long-term bank facilities to IVR BBB+/Stable, short-term facilities to IVR A2. All three instruments received rating upgrades from prior levels.
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Infomerics upgraded Steel Exchange India's credit ratings: NCDs and long-term bank facilities to IVR BBB+/Stable, short-term facilities to IVR A2. All three instruments received rating upgrades from prior levels.
Steel Exchange India Limited submitted its Monitoring Agency Report for the quarter ended June 30, 2026, confirming the utilization of its preferential issue proceeds.
Steel Exchange India signed a non-binding, four-year MoU with NMDC for potential iron ore fines supply from Visakhapatnam. The framework supports the company's integrated steel expansion plans.
Steel Exchange India Limited has made the payment of interest due on its Secured Non-Convertible Debentures on September 7, 2026.
Steel Exchange India Limited achieved record monthly production of 24,823.509 MT of Re-Bars in August 2026. This follows the successful operationalisation of its new Reheating Furnace.
Steel Exchange India Limited achieved record monthly production of 24,823.509 MT of Re-Bars in August 2026. This follows the successful commissioning of its new Reheating Furnace.
Steel Exchange India Ltd reported revenue from operations of ₹269.7 Cr (-10.1% YoY) and net profit of ₹15 Cr (+47.1% YoY) for Q1 FY27.