Visakhapatnam (Andhra Pradesh) [India], April 23: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced a key advancement in its ongoing deleveraging efforts.
The Company has redeemed ₹43.19 crore towards Non-Convertible Debentures (NCDs) in a single tranche, representing approximately 13% of its total outstanding debt, reflecting a focused approach towards balance sheet…

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