Debt Repayment8 April 2026 at 08:08 am
Rajputana Stainless Ltd Achieves Debt-Free Status with Rs. 96.01 Cr. Repayment
AI Summary
Rajputana Stainless Limited, a stainless-steel manufacturer, has successfully repaid all its outstanding borrowings, achieving a debt-free status as of April 8, 2026. The Company has fully repaid a total debt of Rs. 96.01 Cr., comprising term loans, working capital facilities, and unsecured borrowings. This achievement reinforces the company's financial strength, enhances its financial flexibility, and improves its credit profile, positioning it strongly for future growth and industry opportunities.
Key Highlights
- Total Debt Repaid: Rs. 96.01 Cr.
- Term Loans: Fully repaid across multiple facilities with leading banks
- Working Capital Loans: Entire fund-based limits cleared
- Unsecured Loans: Fully settled
- Reinforces financial strength following its recent listing
- Enhances capacity to fund upcoming expansion, including the Stainless-Steel Seamless Pipes Unit, driven by a stronger balance sheet
- Positions the Company to capitalize on industry opportunities with a stronger balance sheet
RSL
Rajputana Stainless LtdPrice Impact