Steel Exchange India: Monitoring Agency Report Confirms Full Utilization of Preferential Issue Proceeds

Steel Exchange India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Infomerics Valuation and Rating Limited, confirms that the proceeds from the preferential issue of convertible warrants, amounting to Rs. 341.58 crore, have been fully utilized for the purposes specified in the offer documents. There were no deviations from the stated objects. This filing adheres to SEBI regulations, including Regulation 162A of the ICDR Regulations and Regulation 32(6) of the Listing Obligations and Disclosure Requirements Regulations.