Steel Exchange India Limited (SEIL), a leading integrated steel manufacturer in South India, has received formal approval from the Andhra Pradesh Capital Region Development Authority (APCRDA) for the use of its SIMHADRI TMT products in construction works under the Amaravati Capital City development programme. The approval, dated June 15, 2026, covers supply for public infrastructure projects overseen by the authority. The development supports SEIL's emphasis on quality in infrastructure applications. The APCRDA clearance covers Fe550, Fe500D, Fe550D and Fe550D CRS grades, permitting the company to supply these reinforcement bars to key projects. The approval has been circulated to engineering, procurement and construction contractors and to major construction firms involved with Amaravati, increasing the firm's visibility across the execution ecosystem. The recognition streamlines procurement engagement for SIMHADRI TMT within the project network. With the government launching the massive Rs 650 bn Amaravati Capital City project, the approval positions SEIL as a primary-source vendor for significant works in the capital zone. Management described the clearance as recognition of product quality, manufacturing capability and commitment to critical infrastructure, and said association with Amaravati aligns with the company’s growth strategy in Andhra Pradesh. The company said the approval strengthens market presence and supports plans to expand participation in large-scale construction projects. Steel Exchange India Limited, part of the Vizag Profiles Group, was founded in 1999 and has evolved into an integrated manufacturer of TMT rebars under the SIMHADRI TMT brand. SEIL operates an integrated steel plant and power unit in Vizianagaram district near Visakhapatnam, with sponge iron, billet, rolling mill and power generation capacities enabling backward and forward integration. The firm is diversifying into speciality steels under the production linked incentive scheme to support import substitution and value-added offerings. For FY26 the company reported total income of Rs 10,664.2 mn, EBITDA of Rs 1,380.3 mn and net profit of Rs 269.9 mn.