Steel Exchange India Limited: Steel Exchange India (SEIL) Actively working on loan restructuring. According to ET NOW Digital, Steel Exchange India Will consider raising funds through NCDs on December 30, 2025. It is preparing to secure a major refinancing from a low-cost fund in late 2025. Which includes purchasing outstanding non-convertible debentures (NCDs) and reducing the interest burden. Which is with the goal of their financial strength.
#StockINews Steel Exchange India to consider fund raise vis NCDs on Dec 30, 2025#SteelExchangeIndia #fundraise #StockMarket pic.twitter.com/adG5MQJi8h
— ET NOW (@ETNOWlive) December 22, 2025
Steel Exchange India Limited: Finance facility
SEIL secured a financing facility of ₹350 crore from a consortium of financial institutions including Kotak Mahindra Investments, Oxyzo Financial Services and Kotak Credit Opportunities Fund during October 2025, according to separate media reports. The new loan has significantly reduced the borrowing cost of the company.
The old interest rate of around 18.75% per annum has been reduced to around 5.5% and has been replaced by a low cost loan, leading to substantial savings in interest cost. The maturity period of the new loan has been extended to five years, now till September 2030. The company has used the new facility for pre-payment of existing high cost term loans and non-convertible debentures (NCDs). Have done.
Steel Exchange India Limited: Know about Steel Exchange India Limited
Steel Exchange India Limited is one of the leading integrated steel manufacturing companies in South India. Known as reliable TMT bar manufacturer under the brand ‘SIMHADRI TMT’. Vizag Profiles Logistics Pvt. Ltd. (VPL) and Hind Terminals Pvt. Ltd. (HTPL) has announced a strategic non-binding collaboration. The objective of this collaboration is to explore the development of a General Cargo Terminal (GCT) and Multi-Modal Logistics Park (MMLP) in Visakhapatnam. This collaboration is an important step towards enhancing the capacity to transport goods on both internal and coastal routes.
Here the partners together aim to improve the efficiency of logistics, reduce transit time, and provide scalable cargo handling solutions in Visakhapatnam and surrounding areas. The agreement reflects a shared vision focused on building integrated logistics infrastructure for both captive and third party cargo.
Know what are non-convertible debentures
Non-Convertible Debentures (NCDs) are fixed-income instruments with a specific tenure and fixed interest rates. Big companies issue them to raise capital without the option to convert them into equity. In such a situation, investors seeking stable returns often prefer NCDs, as they provide predictable income. NCDs have a fixed maturity date and interest can be paid monthly, quarterly or annually along with the principal amount depending on the tenure.
NCDs are a medium for companies to raise money from the market. Just as companies raise money from IPO, they also raise money from NCDs. The difference is that the money raised from NCD is debt. The company takes this loan as per its need. Then, it repays it after the stipulated period. She pays interest on this loan.
