Latest at Evonith Steel

Evonith Steel Announces INR 2,000 Cr Capital Raise; Completes Major Refinancing and NCD Issuance
April 15, 2026

Evonith Steel Announces INR 2,000 Cr Capital Raise; Completes Major Refinancing and NCD Issuance

Evonith Steel announces the raising of INR 1,750 Cr in fresh debt to refinance its existing borrowings. This refinancing is aimed at improving the company’s capital structure by reducing borrowing costs, extending debt tenure and enhancing financial flexibility to support existing and future growth plans.

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Evonith Steel Announces INR 2,000 Cr Capital Raise; Completes Major Refinancing and NCD Issuance
April 15, 2026

Evonith Steel Announces INR 2,000 Cr Capital Raise; Completes Major Refinancing and NCD Issuance

Evonith Steel announces the raising of INR 1,750 Cr in fresh debt to refinance its existing borrowings. This refinancing is aimed at improving the company’s capital structure by reducing borrowing costs, extending debt tenure and enhancing financial flexibility to support existing and future growth plans.

Know More

The Story Behind
Evonith Steel

Evonith Steel, a play on ‘evolving Nithia’, is the umbrella banner for the rebranded avatars of Nithia Capital’s India investments in metals, mining and steel.

At Evonith Steel, we are more than a steel manufacturer – we are a brand that cares. Guided by a steadfast commitment to our people, the planet, and our partners, we strive every day to uphold values of trust, sustainability, and excellence.

Here for Excellence

Premium steel products designed for maximum durability and precision.

Using advanced technology to make better steel, safely and efficiently. 

Here for Impact

A practical approach to saving resources and recycling industrial waste to ensure cleaner production.

A hands-on commitment to social growth, from local schools and clinics to sports and awareness.

Here for People

A commitment to local growth through health, education, sports, awareness, and livelihood initiatives.

A commitment to our team’s success through safety, skill development, and a growth-oriented culture.

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