$STEELXIND

STEEL EXCHANGE Q4 : FOCUSED ON PROFITABILITY, DEBT REDUCTION & GREEN STEEL EXPANSION 🏗️⚙️ • 🔄 Company focused on improving efficiencies, optimizing product mix & strengthening profitability • 💰 Balance sheet strengthened through capital infusion, debt reduction & improved credit profile • 🟢 Expansion plans underway in specialty steel, green steel & logistics infrastructure • 🛡️ Secured 5-year MES approval renewal under Ministry of Defence for TMT bar supplies • 🏢 MES renewal strengthens eligibility for defence & government infrastructure projects • 🤝 Received investments from India Coke & Power Pvt Ltd, IMR Steel Pvt Ltd & other investors • 💵 Received ₹85 Cr upfront through allotment of convertible warrants • 📌 Board approved ₹350 Cr preferential issue • 🔁 2.83 Cr warrants converted into equity shares post receipt of ~₹29.92 Cr • 📉 Redeemed ₹43.19 Cr NCDs in a single tranche (~13% of total debt) • 🏦 Total debt reduction reached ~₹68.16 Cr over the last two quarters • ✅ Repaid over 20% of long-term debt since October 2025; targeting near debt-free status