Tag: SIMHADRI TMT

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SEIL Accelerates Its Debt Free Journey, Repays Total ₹102 Cr (30% of Total Debt) Since December 2025

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Visakhapatnam (Andhra Pradesh) [India], July 7: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, today announced another aggressive step forward in its ongoing corporate deleveraging and balance sheet optimization strategy. Building rapidly on its […]

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Steel Exchange India Announces Rs 40.32 Crore Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants-PNN

SEIL Repays Additional Rs. 15 Cr Term Loan; Debt Reduction Crosses Rs. 86 Cr; Achieves Around 25 Percent Debt Reduction Milestone Since October 2025

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Visakhapatnam (Andhra Pradesh) [India], June 18: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a further key advancement in its ongoing deleveraging efforts. The Company has repaid ₹15 crore towards its Term […]

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Steel Exchange India Announces Rs 40.32 Crore Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants-PNN

Steel Exchange India Secures APCRDA Approval for SIMHADRI TMT in Amaravati Capital City Projects

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Visakhapatnam (Andhra Pradesh) [India], June 15: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has received formal approval from the Andhra Pradesh Capital Region Development Authority (APCRDA) for the use of its flagship SIMHADRI TMT products in ongoing […]

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Steel Exchange India Announces Rs 40.32 Crore Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants-PNN

Steel Exchange India Limited Delivers Strong Q4 FY26 Performance with Net Profit Surging ~443% QoQ to ~Rs 12 Cr

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Visakhapatnam (Andhra Pradesh) [India], May 26: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has reported its Audited financials for Q4 FY26 & FY26. Q4 FY26 Standalone Key Financial Highlights* Total Income of ₹287.70 Cr, […]

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Steel Exchange India Secures 5-Year Renewal of Approval from MES under the Ministry of Defence

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Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand SIMHADRI TMT, has received renewal of approval from the Military Engineer Services (MES) under the Ministry of Defence for the supply of its TMT bars. The renewed approval covers TMT bars […]

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Steel Exchange India Announces Rs 40.32 Crore Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants-PNN

Steel Exchange India Announces Rs 40.32 Crore Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants

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Visakhapatnam (Andhra Pradesh) [India], May 4: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced key capital market developments comprising fresh warrant issuance and conversion of existing warrants, aimed at further strengthening the Company’s capital […]

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Steel Exchange India Limited Repays Rs 43.19 Cr Debt; Total Reduction Nears Rs 71 Cr in Recent Period

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Visakhapatnam (Andhra Pradesh) [India], April 23: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a key advancement in its ongoing deleveraging efforts. The Company has redeemed ₹43.19 crore towards Non-Convertible Debentures (NCDs) in a single tranche, […]

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Steel Exchange India Limited Has Strengthened Its Capital Base Through an Upfront INR 75 Crore Infusion by Allotting Convertible Warrants

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Vishakhapatnam (Andhra Pradesh) [India], April 21: Steel Exchange India Limited (NSE: STEELXIND, BSE:  534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has received an aggregate amount of ₹75 Crore from M/s India Coke and Power Private Limited and M/s IMR Steel Private Limited (IMR Group-a […]

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Steel Exchange India Reports Rs 28 Crore Debt Repayment Over Two Quarters-PNN

Steel Exchange India Reports Rs 28 Crore Debt Repayment Over Two Quarters

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Visakhapatnam (Andhra Pradesh) [India], April 10: Steel Exchange India Limited (NSE: INE503B01021, BSE:  534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a significant update on its debt reduction journey. The Company had availed credit facilities, including term loans and Non-Convertible Debentures (NCDs), in […]

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