STEEL EXCHANGE INDIA LIMITED — Board Meeting, 10-10-2025: Outcome of Board Meeting

Steel Exchange India's board has approved modifying NCD terms, significantly cutting borrowing costs. The interest rate is reduced by ~5.50% from 18.75%, and repayment is extended by 5 years. This move is expected to save ~Rs. 130 Cr in cash outflow until FY28, enhancing liquidity and capital structure.