STEEL EXCHANGE INDIA LIMITED — Important, 30-11-2024: Updates

Steel Exchange India Limited confirmed the payment of interest to holders of Secured Non-Convertible Debentures, amounting to ₹4.14 crore, made on the due date. The issue size of the debentures stands at ₹382.8 crore, with interest payments scheduled on a monthly basis. This timely payment reflects the company’s commitment to its obligations and maintaining investor confidence. Investors should view this development positively, as it indicates stable cash flow management, contributing to a constructive outlook for the company.