StockWatch
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Iron & Steel Products
Loan & Debt18 Jun 2026, 09:38 am

SEIL Repays ₹15 Cr Term Loan, Debt Reduction Crosses ₹86 Cr

AI Summary

Steel Exchange India Limited (SEIL) has announced a further repayment of ₹15 crore towards its Term Loan facilities, continuing its deleveraging efforts. This repayment, representing approximately 5.5% of its total outstanding debt, brings the total debt reduction to approximately ₹86 crore since October 2025. This achievement signifies a roughly 25% reduction in long-term debt, supported by strong operational cash flows and equity inflow. The company expects lower finance costs and improved earnings quality going forward. Management emphasized their focus on disciplined financial management and strengthening the capital structure.

Key Highlights

  • SEIL repaid an additional ₹15 crore towards its Term Loan.
  • Total debt reduction now stands at approximately ₹86 crore.
  • Achieved around 25% debt reduction since October 2025.
  • Strong operational cash flows and equity inflow support deleveraging.
  • Expects lower finance costs and improved earnings quality.