STEEL EXCHANGE INDIA LIMITED — Important, 28-03-2025: Updates

The Company has made a partial redemption of its Listed Secured Non-Convertible Debentures, amounting to ₹12.33 crore, reducing the total outstanding value from ₹249.26 crore. The redemption involved decreasing the quantity from 683,357 to 651,157 NCDs, and was executed on March 27, 2025. The due date for the remaining redemption is set for March 31, 2028. This strategic move may enhance liquidity for the Company and positively impact its financial management. Investors should consider this as a sign of proactive financial handling, which could support long-term stability and growth prospects.