Business Update Neutral

2026-05-28 18:45

Steel Exchange India Limited announced the availability of the audio recording for its Q4 FY26 Earnings Conference Call, held on May 28, 2026. The call discussed the audited financial results for the quarter and year ended March 31, 2026. The recording is accessible on the company's website.

Financials Positive

2026-05-26 09:53

Steel Exchange India Limited reported strong Q4 FY26 Standalone results. Total Income increased to ₹287.70 Cr from ₹240.86 Cr (▲19.45% QoQ). EBITDA surged to ₹50.10 Cr from ₹22.97 Cr (▲118.12% QoQ), with EBITDA Margin expanding to 17.41% from 9.54% (▲788 Bps). Net Profit dramatically rose to ₹12.37 Cr from ₹2.28 Cr (▲442.80% QoQ).

Routine Neutral

2026-05-25 15:10

New Filing detected. See link for details.

Financials Positive

2026-05-25 15:06

Standalone Revenue ₹287.33Cr vs ₹291.42Cr (▼1.40% YoY), EBITDA ₹49.72Cr vs ₹32.79Cr (▲51.64% YoY), PAT ₹12.37Cr vs ₹4.76Cr (▲159.66% YoY). EBITDA Margin 17.30% vs 11.25% (▲605bps). The Board also appointed Mr. Vankina Sri Rakesh as CFO & KMP, updated Mr. Suresh Kumar Bandi's role to Joint Managing Director & Director - Finance, and appointed Mr. Anirudh Misra as Additional Non-Executive & Non-Independent Director. The audit report for the financial year ended March 31, 2026, was unmodified.

Business Update Neutral

2026-05-22 19:44

Steel Exchange India Limited announced an Investors'/Analysts' Call to discuss the financial results for Q4 FY26. The call is scheduled to be held on Thursday, May 28, 2026, at 12:00 PM IST and will be hosted by Kirin Advisors, featuring key management personnel.

Routine Neutral

2026-05-07 19:08

Steel Exchange India Limited has informed that it made the interest payment of ₹17,081,874 on its Secured Non-Convertible Debentures (ISIN: INE503B07044) on May 7, 2026, which was the due date. The company confirmed timely adherence to its financial obligations with no delay in payment.

Business Update Positive

2026-05-06 10:35

Steel Exchange India Limited announced the 5-year renewal of approval from the Military Engineer Services (MES) under the Ministry of Defence for supplying its SIMHADRI TMT bars (Fe 500D, Fe 500D HCRM, 8-32mm). This renewal reinforces the company's eligibility to participate in MES projects, strengthening its presence in government and infrastructure-linked segments for the next five years.

Business Update Positive

2026-05-06 09:27

Steel Exchange India Limited has received a 5-year renewal of approval from the Military Engineer Services (MES), Ministry of Defence, for the manufacturing and supply of its SIMHADRI TMT bars. This approval, effective May 5, 2026, ensures continuity of business operations and strengthens the company's presence in government and infrastructure-linked segments.

Business Update Positive

2026-05-04 09:03

Steel Exchange India Limited announced capital strengthening of ₹40.32 Crore. This includes a fresh allotment of 4.40 crore convertible equity warrants at ₹9.45 each, aggregating to ₹10.40 crore, and the conversion of 2.83 crore existing warrants into equity shares for ₹29.92 crore. These steps aim to reinforce the Company's capital base and financial flexibility, supporting operational expansion, improving working capital, and enabling strategic growth opportunities.

Ownership Positive

2026-04-30 12:10

Steel Exchange India Limited announced the allotment of 4,40,00,000 Convertible Equity Warrants at an issue price of Rs. 9.45 each (face value Re. 1) on a preferential basis to non-promoters and a promoter group. The allotment was made on April 30, 2026, following the receipt of Rs. 10,39,50,000/- (25% of the total amount payable). These warrants are convertible into equity shares within 18 months from the allotment date.

Ownership Positive

2026-04-30 12:07

Steel Exchange India Limited allotted 2,82,97,870 equity shares of Re. 1/- each to Ms. Gunakala Vijayalakshmi, a Non-Promoter Group member, upon conversion of warrants. The warrant holder paid the balance consideration of Rs. 29,92,49,975/-. This transaction increases the company's issued, subscribed, and paid-up share capital from Rs. 1,24,72,20,542/- to Rs. 1,27,55,18,412/-.

Business Update Positive

2026-04-23 11:35

Steel Exchange India Limited repaid ₹43.19 Cr debt towards Non-Convertible Debentures (NCDs). The total debt reduction stands at ~₹71.19 Cr in the recent period, reflecting repayment of over 20% of its long-term debt since October 2025 and progress towards becoming debt-free.

Routine Neutral

2026-04-23 09:57

New Filing detected. See link for details.

Business Update Positive

2026-04-23 09:09

Steel Exchange India Limited announced a partial voluntary prepayment of ₹39.64 Cr towards Non-Convertible Debentures (NCDs) due in 2030 and a scheduled partial redemption of ₹3.54 Cr towards NCDs due in 2026. Both were completed on April 22, 2026.

Business Update Positive

2026-04-21 09:21

Steel Exchange India Limited received an upfront ₹75 Cr infusion from IMR Group towards convertible warrants under a preferential issue, part of a larger ₹350 Cr fundraise. This capital will strengthen its base, support operational efficiency, supply chain, debt reduction, and competitiveness.

Ownership Positive

2026-04-20 19:45

Steel Exchange India Limited has allotted 31,74,60,300 Convertible Equity Warrants on a preferential basis to non-promoters (M/s India Coke and Power Private Limited & M/s IMR Steel Private Limited) at an issue price of Rs. 9.45/- per warrant. These warrants are convertible into equity shares within 18 months.

Routine Neutral

2026-04-17 18:48

New Filing detected. See link for details.

Routine Neutral

2026-04-16 19:08

New Filing detected. See link for details.

Business Update Positive

2026-04-09 09:14

Steel Exchange India Limited has successfully repaid ₹28 Crores of debt over two quarters (Oct 2025-Mar 2026), comprising ₹21.43 Cr towards term loans and ₹7.09 Cr towards NCDs, highlighting improved financial resilience.

Routine Positive

2026-04-08 15:09

Steel Exchange India Limited announced the payment of scheduled partial redemption of Non-Convertible Debentures (NCDs) amounting to ₹3,54,56,850 and interest of ₹2,08,01,387 on April 07, 2026. All payments were made on time as per Regulation 57(1).

Governance Positive

2026-04-01 15:55

Steel Exchange India Limited announced that the resolution to issue Convertible Equity Warrants to Promoter Group and Non-Promoter Entities on a preferential basis was passed at the 1st Extra-Ordinary General Meeting held on March 30, 2026.

Routine Neutral

2026-03-31 15:47

Steel Exchange India Limited announced the closure of its trading window for Designated Persons from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and year ended March 31, 2026, as per SEBI PIT Regulations.

Governance Positive

2026-03-30 19:48

An Extra-Ordinary General Meeting (EGM) was held on March 30, 2026, to approve the issuance of Convertible Equity Warrants to the Promoter Group and Non-Promoter Entities on a preferential basis. The meeting proceedings were shared.

Governance Neutral

2026-03-25 21:13

Corrigendum issued for the EGM on March 30, 2026, concerning preferential issue of Convertible Equity Warrants. Amendments, based on stock exchange suggestions, include updated links to the Valuation Report and Company Secretary's Certificate, and details of past preferential allotments.

Routine Neutral

2026-03-09 11:26

Steel Exchange India Limited confirms payment of interest amounting to ₹1,90,78,368/- on its Secured Non-Convertible Debentures. The payment was made on the due date, March 07, 2026, in compliance with Regulation 57(1) of SEBI LODR Regulations.

Governance Neutral

2026-03-06 19:29

Steel Exchange India Limited announced its 1st Extra-Ordinary General Meeting (EGM) for FY 2025-26 on March 30, 2026. The cut-off date to determine eligible voters is March 23, 2026, and the share transfer books will be closed from March 24 to March 30, 2026.

Governance Positive

2026-03-06 19:17

Steel Exchange India Limited will hold its 1st Extraordinary General Meeting (EGM) on March 30, 2026, to seek approval for issuing 36,14,60,300 Convertible Equity Warrants at ₹9.45 per warrant to Promoter Group and Non-Promoter Entities on a preferential basis, raising approximately ₹341.58 Crores.

Business Update Positive

2026-03-05 10:48

Steel Exchange India Ltd (SEIL) will raise INR 350 Cr via a Preferential Issue. IMR Group, a global metals and mining conglomerate, will invest INR 300 Cr in SEIL, strengthening its operations, optimizing debt, and positioning for accelerated growth through a strategic partnership.

Governance Positive

2026-03-04 12:02

Board approved a preferential issue of up to 36.14 crore convertible warrants at Rs 9.45 each, raising up to Rs 350 crore, subject to shareholder approval. Also approved EGM notice for FY 2025-26 and modification of Non-Convertible Debentures terms.

Business Update Positive

2026-03-04 12:02

Steel Exchange India Limited's Board on March 4, 2026, approved a preferential issue of up to 36,14,60,300 convertible warrants at ₹9.45 each, raising up to ₹350 Crores. Also approved the EGM notice for FY25-26 and modification of NCD terms.

Financials Negative

2026-02-14 14:01

Standalone Revenue ₹240.35Cr vs ₹327.51Cr (▼27% YoY), EBITDA ₹22.46Cr vs ₹39.45Cr (▼43% YoY), PAT ₹2.28Cr vs ₹15.86Cr (▼86% YoY). EBITDA Margin 9% vs 12% (▼300bps).

Governance Negative

2026-02-11 18:39

CRITICAL RED FLAG DETECTED

Steel Exchange India Limited announced the resignation of Mr. Brahmaiah Telaprolu from the position of Chief Financial Officer (CFO) due to medical reasons, effective from the close of business hours on February 11, 2026. The management accepted his resignation.

STEELXIND

STEEL EXCHANGE INDIA LIMITED

Filing History

Unlock Full History