APLAPOLLO

Apollo Tubes issues Commercial Paper worth ₹100 Crore

!APL Apollo Tubes Limited has issued Commercial Paper (CP) amounting to ₹100 Crore. The Commercial Paper has an ISIN INE702C14CR2. The allotment date is 9 July 2025 and the maturity date is 26 September 2025. The CP carries a rate of 6.12% per annum. The tenure of the security is 79 days. It is issued in favour of Nippon Life India Trustee Ltd - A/c Nippon India Liquid Fund. The CP has been assigned a credit rating of [ICRA] A1+. The said Commercial Paper will be listed on BSE Limited.