ALPHA TRIBE

APL Apollo Tubes LimitedImportant, 09-07-2025: Updates

09-07-2025 | 01:11 pm

APL Apollo Tubes Limited has announced a commercial paper issuance of Rs 100 Cr with a 79-day tenure at a 6.12% interest rate. The CP is rated [ICRA] A1+ and issued to Nippon India Liquid Fund, enhancing the company’s short-term liquidity. This move supports working capital needs without impacting long-term debt.

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