Steel Exchange India announced that Nagoji Ram Mohan (DIN: 02895361), has resigned from his position as Nominee Director of the Company due to the withdrawal of nomination by the lender, Vishwa Samudra Holdings, effective from the closing business hours on 02 January 2026, and he shall cease to be a Director of the Company thereafter.Powered by Capital Market - Live News

Steel Exchange India has achieved investment-grade credit rating status, following the assignment and upgrade of its bank facilities by Infomerics Valuation and Rating as detailed below:Non convertible debentures (Rs 198.56 crore) - IVR BBB-; Stable (upgrade) Long term bank facilities term loans (Rs 150 crore) - IVR BBB-; Stable (assigned) Long term bank facilities cash credit (Rs 10 crore) - IVR BBB-; Stable (upgraded) Short term bank facilities letter of credit (Rs 40 crore) - IVR A3 (upgraded)Powered by Capital Market - Live News

Steel Exchange India announced that its Board of Directors has approved a proposal to raise funds aggregating up to Rs 700 crore, subject to requisite statutory and regulatory approvals.Powered by Capital Market - Live News

The board of Steel Exchange India at its meeting held on 30 December 2025 has approved fund raising up to Rs 700 crore by way of issuance of securities. Powered by Capital Market - Live News

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 30 December 2025.Powered by Capital Market - Live News