STEEL EXCHANGE INDIA LIMITED — Important, 21-12-2024: Updates

The company has executed a partial redemption of its listed secured non-convertible debentures, reducing the face value from 699,457 to 683,357. The total amount redeemed is ₹6.16 Cr, leaving an outstanding balance of ₹261.58 Cr, with the maturity date set for March 31, 2028. The last interest payment occurred on November 30, 2024. This action reflects a proactive financial management strategy, potentially strengthening the company's balance sheet and improving investor sentiment. Stakeholders should note this development while monitoring future financial commitments and capital structure adjustments.