On 30th September 2025, the Company has secured sanctions of₹350 crore of refinancing facilities from a consortium of leading financial institutions including Kotak Mahindra Investments Limited, Oxyzo Financial Services Limited and Kotak Credit Opportunities Fund. The revised financing arrangement provides the following benefits:• Lower Interest Rate: Reduction of approximately 5.50% compared to the earlier borrowing cost of ~18.75% per annum, resulting in substantial savings. • Strategic Impact: Optimization of the capital structure, enhanced liquidity position, and improved shareholder value through reduced finance costs. This combined initiative underscores Steel Exchange India’s commitment to proactive liability management, prudent financial planning, and sustained value creation. Commenting on the development Mr. Suresh Kumar Bandi, Joint Managing Director, Steel Exchange India Limited said, “These steps reflect our continued focus on strengthening the Company’s financial foundation.