Steel Exchange India Limited (SEIL), a prominent integrated steel manufacturer in South India, has successfully secured a ₹350 crore refinancing facility from a consortium of financial institutions, including Kotak Mahindra Investments Limited, Oxyzo Financial Services Limited, and Kotak Credit Opportunities Fund. This strategic move aims to reduce the company's high-interest debt, enhance liquidity, and support future growth initiatives.
Strategic Refinancing to Strengthen Financial Position