24-Sept-2026 09:31:23

STEEL EXCHANGE INDIA LIMITED : CREDIT RATING UPGRADE

• Infomerics Valuation and Rating Limited upgraded the company's credit ratings. • Long-term rating upgraded from IVR BBB-/Stable to IVR BBB+/Stable. • Short-term rating upgraded from IVR A3 to IVR A2. • Rated bank facilities enhanced from ₹200.00 crore to ₹359.63 crore. • Listed Non-Convertible Debentures rating upgraded from IVR BBB-/Stable to IVR BBB+/Stable. • Total rated quantum enhanced to ₹558.19 crore. • Revised ratings are valid for one year, up to September 21, 2027.

STEEL EXCHANGE INDIA LIMITED

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