STEEL EXCHANGE INDIA LTD.

Steel Exchange India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, ending March 31, 2026. The report, filed as per SEBI regulations, details the company's corporate identity, business activities, operations, and employee statistics. Key disclosures include its CIN, registered and corporate office addresses, financial year reporting period, and stock exchange listings on NSE and BSE. The company's primary business is the manufacturing and trading of metal and metal products, with 'Sale of Steel' accounting for 98.39% of its turnover. The report also provides data on employee numbers, gender distribution, and turnover rates for permanent employees and workers.

Steel Exchange India Ltd has filed its Annual Report for the Financial Year 2025-26, which includes the Notice of the 27th Annual General Meeting (AGM) and the Business Responsibility and Sustainability Report (BRSR). The report is being sent to members electronically, with physical copies available upon request. It is also accessible on the company's website. The filing adheres to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company highlights its legacy of trust and culture of performance, emphasizing resilience and growth in FY 2025-26 despite market challenges, and reinforcing its commitment to quality, reliability, and customer satisfaction through its Simhadri TMT brand.

Steel Exchange India Ltd has announced its 27th Annual General Meeting (AGM) will be held on Saturday, August 22, 2026, at 11:45 AM IST. The meeting will be conducted entirely through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Register of Members and Share Transfer Books will be closed from August 16 to August 22, 2026, inclusive, for the purpose of the AGM. Key agenda items include the adoption of the Audited Financial Statements for the Financial Year ended March 31, 2026, the re-appointment of Mr. Mohit Sai Kumar Bandi as a Director, ratification of remuneration for Cost Auditors for FY 2027, and regularization of Mr. Anirudh Misra as a Non-Executive Non-Independent Director.

Steel Exchange India Limited announced stellar Q1 FY27 results, with Net Profit surging 46.89% year-on-year to ₹1,502.56 Lakhs (₹15.03 Crore). This significant growth was driven by operational cost efficiencies and lower finance costs, which dropped to ₹1,398.16 Lakhs from ₹1,889.06 Lakhs in Q1 FY26. The company's Net Worth expanded to an all-time high of ₹67,276.25 Lakhs (₹672.76 Crore) due to successful preferential allotments and equity share conversions, strengthening its balance sheet and reducing leverage risk. The Debt-Equity Ratio improved to 0.27x from 0.48x, reflecting aggressive deleveraging and a disciplined capital optimization plan. Management highlighted the structural transition towards an efficient, low-debt corporate platform, positioning the company to capitalize on India's infrastructure growth.

Steel Exchange India Limited announced a strong performance for Q1 FY27, with Net Profit increasing by 46.89% year-on-year to ₹15.03 Crore (₹1,502.56 Lakhs). This growth was driven by operational efficiencies and a significant reduction in finance costs, which fell from ₹1,889.06 Lakhs in Q1 FY26 to ₹1,398.16 Lakhs. The company's Net Worth expanded to an all-time high of ₹672.76 Crore (₹67,276.25 Lakhs) following preferential allotments and equity share conversions, totaling ₹14,089.50 Lakhs and ₹3,989.99 Lakhs respectively. The Debt-Equity Ratio improved to 0.27x from 0.48x, reflecting successful deleveraging and a strategic focus on capital optimization. Total Income for the quarter stood at ₹27,070.92 Lakhs.

Steel Exchange India Ltd announced that its Board of Directors, in a meeting held on July 20, 2026, approved the standalone and consolidated un-audited financial results for the quarter ended June 30, 2026, along with limited review reports. The board also approved the remuneration for Mr. Mohit Sai Kumar Bandi, Whole-time Director, for the remaining two years of his tenure, subject to shareholder approval. Additionally, the continuation of Ms. Bhagyam Ramani as Non-Executive-Independent Director beyond 75 years was approved, pending member approval. The meeting also finalized the notice for the 27th Annual General Meeting, Board's Report, and took note of the Secretarial Audit Report.

Steel Exchange India Ltd announced its Un-Audited Financial Results for the Quarter ended 30th June, 2026. The Board of Directors approved the standalone and consolidated results along with limited review reports. Key decisions also included approving remuneration for a Whole-time Director and the continuation of an Independent Director beyond 75 years, subject to member approval. The company also approved the notice for its 27th Annual General Meeting, Board's Report, and took note of the Secretarial Audit Report.

Steel Exchange India Ltd announced that its Board of Directors, in a meeting held on July 20, 2026, approved the standalone and consolidated un-audited financial results for the quarter ended June 30, 2026. The board also approved the remuneration for Whole-time Director Mr. Mohit Sai Kumar Bandi for the remaining two years of his tenure, subject to member approval. Additionally, the continuation of Ms. Bhagyam Ramani as Non-Executive-Independent Director beyond the age of 75 was approved, pending member approval. The board also approved the notice for the 27th Annual General Meeting, the Board's Report, fixation of the cut-off date, book closure period, and took note of the Secretarial Audit Report for FY26.

Steel Exchange India Ltd has announced that its Board of Directors will convene on July 20, 2026. The primary agenda item is to consider and approve the un-audited financial results for the quarter ended June 30, 2026. Additionally, the board will discuss any other matters with the permission of the Chair. In line with SEBI regulations, the trading window for the company's shares has been closed from July 1, 2026, and will reopen 48 hours after the financial results are declared. This closure restricts trading by employees, directors, key managerial personnel, designated persons, and their immediate relatives.

Steel Exchange India Limited (SEIL) has announced a significant step in its debt reduction strategy, repaying an additional ₹16 crore towards its outstanding Term Loan facilities. This brings the total cumulative debt reduction to ₹102 crore since December 2025, representing approximately 30% of its total long-term debt. The company attributes this achievement to strong operational cash flows and equity inflows. This deleveraging effort is expected to reduce finance costs, improve margins, and enhance overall earnings quality, positioning SEIL for sustainable growth and a debt-free future. The company also reported FY26 figures of Total Income ₹1067.00 Cr, EBITDA ₹138.03 Cr, and Net Profit ₹27.00 Cr.