BSECompany Update18h ago · 4 Sept 2026, 10:22 am

Press Release

Steel Exchange India Ltd · 534748

✦ AI Summary▲ PositiveResults

Steel Exchange India Ltd has achieved its highest-ever monthly production of Re-Bars since inception, recording 24,823.509 Metric Tonnes (MT) during August 2026 at its Rolling Mill. The achievement follows the successful commissioning and operationalisation of the Reheating Furnace (RHF), which has strengthened the Company’s production capabilities and supported higher Rolling Mill utilisation.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment9/10

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Steel Exchange India Ltd - 534748 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Steel Exchange India Limited September 04, 2026 To To The Manager, The Manager, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited, P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Port, Mumbai — 400001 Bandra (East), Mumbai — 400051 Scrip Code: 534748/960441 Scrip ID: STEELXIND Sub: Intimation of press release under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the press release titled " Steel Exchange India Limited Sets New Production Record with Highest-Ever Re-Bar Output in August 2026”. We request you to take the same on your records. Thanking you, Yours faithfully, For Steel Exchange India Limited Raveendra Babu M Company Secretary & Compliance Officer M.No: A34409 WORKS Integrated Steel Plant: Sreerampuram, L.Kota Mandal, Vizianagaram District - 535161. Phone: +91-8966-267218, 267111 Steel Exchange India Sets New Production Record with Highest-Ever Re-Bar Output in August 2026 Visakhapatnam – September 04, 2026: Steel Exchange India Limited (NSE: STEELXIND | BSE: 534748) has achieved its highest-ever monthly production of Re-Bars since inception, recording 24,823.509 Metric Tonnes (MT) during August 2026 at its Rolling Mill. The achievement follows the successful commissioning and operationalisation of the Reheating Furnace (RHF), which has strengthened the Company’s production capabilities and supported higher Rolling Mill utilisation. The total August production comprised 17,358.221 MT from the Continuous Casting Machine (CCM) and 7,465.288 MT from the newly operationalised Reheating Furnace (RHF). The addition of the RHF has increased the Company’s monthly Re-Bar production capability by approximately 27%, marking a significant step-up in production capacity. Record Monthly Production Production Facility August 2026 Production (MT) Continuous Casting Machine (CCM) 17,358.221 Reheating Furnace (RHF) 7,465.288 Total Re-Bar Production 24,823.509 The increased production capability is expected to be sustained going forward, with the operationalisation of the Reheating Furnace providing an ongoing enhancement to the Company’s Re-Bar production capacity. RHF Strengthens Production Capabilities The successful commissioning and operationalisation of the Reheating Furnace marks an important milestone in strengthening the Company’s Rolling Mill operations. The RHF contributed 7,465.288 MT of Re-Bar production during August 2026, representing a substantial addition to the Company’s production output. With the RHF now operational, the Company expects to benefit from higher production capacity, improved capacity utilisation and enhanced operational efficiency going forward, enabling it to better cater to the growing demand for its Re-Bar products. The Company’s is focused on progressively improving capacity utilisation and working towards achieving the full potential of these capacities in the coming period, providing further scope for sustained growth in production volumes. Strengthening Manufacturing Capabilities The record monthly production underscores Steel Exchange India’s continued focus on capacity expansion, operational efficiency and strengthening its manufacturing platform. The increase in production capability further supports the Company’s efforts to scale production and strengthen its position in the steel manufacturing segment, including through its SIMHADRI TMT brand. Commenting on the financial performance, the management of Steel Exchange India Limited said: “Achieving our highest-ever monthly Re-Bar production is a significant operational milestone for Steel Exchange India. The successful commissioning and operationalisation of the Reheating Furnace has increased our monthly production capability by approximately 43% and contributed meaningfully to the record output achieved during August. With the RHF now operational, we expect this enhanced production capability to be sustained going forward. We remain focused on improving capacity utilisation, operational efficiency and production volumes while meeting the growing demand for our products.” About Steel Exchange India Limited Steel Exchange India Limited (SEIL), part of the Vizag Profiles Group, is a leading manufacturer of TMT rebars under the brand ‘SIMHADRI TMT’. Founded in 1999, the Company has grown from a steel trading and online platform into one of the most trusted integrated steel manufacturers in Andhra Pradesh and Telangana. SEIL operates an Integrated Steel Plant & Power Unit in Vizianagaram Dist, Near Visakhapatnam. These facilities house sponge iron, billet, rolling mill, and power generation capacities, enabling complete backward and forward integration for long steel production. With a strong brand presence and supply track record to the Armed Forces and critical infrastructure projects, SEIL is known for quality and reliability. In line with the ‘Atmanirbhar Bharat’ vision, the Company is diversifying into specialty steels under the PLI scheme to support import substitution and expand its value-added offerings. Disclaimer Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. For Further Information Please Contact Corporate Communication Advisor Kirin Advisors Private Limited Sunil Mudgal – Director sunil@kirinadvisors.com +91 98692 75849 www.kirinadvisors.com