Steel Exchange India Ltd (STEELXIND) — Offer Document | 16 September 2026

16 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Monitoring Agency Report confirms full utilization of preferential issue proceeds.

🔄 What Changed

Rs. 140.89 crore deployed by June 30, 2026, against Rs. 341.58 crore raised.

🔮 What's Next

No future utilization plans or deadlines stated in the report.

💡 Investor Takeaway

Shareholders should note the company has fully deployed funds as planned with no deviations.

Steel Exchange India Limited completed its Rs. 341.58 crore preferential issue of fully convertible warrants in April 2026, fully utilizing proceeds for working capital, debt repayment, and general corporate purposes as per the offer document. The Monitoring Agency Report confirms no deviations from approved utilization, with 140.89 crore deployed by June 30, 2026, and no delays or conflicts of interest noted.

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About Steel Exchange India Ltd (STEELXIND)

Metals & Mining · Steel · Listed on BSE

Market Cap: ₹1,415.83 Cr

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📊 More STEELXIND filings

🔴 Announcement — 24 September 2026Steel Exchange India Limited announced it will participate in an investor conference on September 30...
🔴 Announcement — 24 September 2026Steel Exchange India Limited announced that Infomerics upgraded its long-term credit rating by two n...
🔴 Announcement — 23 September 2026Steel Exchange India Limited disclosed on September 23, 2026, that it held a scheduled investor meet...
🔴 Announcement — 23 September 2026Steel Exchange India announced an upgrade in its credit ratings for non-convertible debentures, long...
🔴 Announcement — 18 September 2026Steel Exchange India announced an investor and analyst virtual meeting scheduled for September 23, 2...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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