Apollo Micro Systems Limited — Credit Ratings, 16-07-2025: Credit Rating

Apollo Micro Systems (APOLLO) has received an upgraded credit rating from Acuité Ratings & Research Limited. The long-term rating for its bank loans has been revised upwards to 'ACUITE A-| Stable' from 'ACUITE BBB+| Stable', and short-term ratings upgraded to 'ACUITE A2+' from 'ACUITE A2'. This positive action stems from a significant improvement in the company's liquidity, primarily due to the successful conclusion of its preferential issue, which raised Rs. 742.25 Cr. This enhanced rating could lead to reduced borrowing costs for the company, boost investor confidence, and provide greater strategic flexibility for future operations.