Rajputana Stainless Ltd announced it achieved a net debt-free status on April 8, 2026.
The company fully repaid its total debt of ₹96.01 Crore, comprising term loans, working capital, and unsecured borrowings.
This debt repayment aligns with the stated utilization of the company's Initial Public Offering (IPO) proceeds.
Management states the move enhances financial flexibility and positions the company for future growth and expansion.