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Steel Exchange India announced that the 27th Annual General Meeting(AGM) of the company will be held on 22 August 2026.

Net profit of Steel Exchange India rose 46.92% to Rs 15.03 crore in the quarter ended June 2026 as against Rs 10.23 crore during the previous quarter ended June 2025. Sales declined 10.10% to Rs 269.71 crore in the quarter ended June 2026 as against Rs 300.00 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales269.71300.00 -10 OPM %12.7010.47 - PBDT21.2617.46 22 PBT15.0310.23 47 NP15.0310.23 47 Powered by Capital Market - Live News

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 20 July 2026.

Steel Exchange India has repaid Rs 15 crore towards its term loan facilities, representing approximately 5.5% of its outstanding debt. This follows the company`s earlier redemption of Rs43.19 crore towards non-convertible debentures (NCDs) and repayment of Rs 28 crore over the preceding quarters. With the latest repayment, the company`s total debt reduction now stands at approximately Rs 86 crore in the recent period, highlighting continued progress in deleveraging supported by strong operational cash flows and equity inflow. Since October 2025, the company has repaid around 25% of its long term debt.

Steel Exchange India has received formal approval from the Andhra Pradesh Capital Region Development Authority (APCRDA) for the use of its flagship SIMHADRI TMT products in ongoing and upcoming construction works under the Amaravati Capital City development program. The approval covers Fe550, Fe500D, Fe550D and Fe550D CRS grades, enabling the Company`s products to be supplied for key infrastructure projects being undertaken by APCRDA. The approval has also been circulated to leading EPC and construction companies associated with Amaravati`s development, strengthening SEIL`s visibility across the project`s execution ecosystem. This milestone reinforces the growing acceptance of SIMHADRI TMT in quality-conscious infrastructure applications. With the government launching the massive Rs 65,000 crore Amaravati Capital City project, this approval positions Steel Exchange India as a key primary-source vendor.