SEIL Repays Additional Rs. 15 Cr Term Loan; Debt Reduction Crosses Rs. 86 Cr; Achieves Around 25 Percent Debt Reduction Milestone Since October 2025
Visakhapatnam (Andhra Pradesh) [India], June 18: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a further key advancement in its ongoing deleveraging efforts.The Company has repaid ₹15 crore towards its Term Loan facilities, representing approximately 5.5% of its total outstanding debt, reflecting its continued focus on balance sheet strengthening and prudent financial management.This follows the Company’s earlier redemption of ₹43.19 crore towards Non-Convertible Debentures (NCDs) and repayment of ₹28 crore over the preceding quarters. With the latest repayment, the Company’s total debt reduction now stands at appr...










