Key Highlights:
Steel Exchange India Ltd has secured sanctioned refinancing facilities worth ₹3.5 billion.
The refinancing is aimed at optimizing the company’s debt structure and improving liquidity.
Funds will help reduce interest costs and support operational efficiency.
The move aligns with the company’s strategy to strengthen its balance sheet amid volatile steel market conditions.
Analysts view this as a positive step toward long-term financial sustainability and margin improvement.
Sources: Economic Times, Business Standard