APLAPOLLO

ollo Tubes issues Commercial Papers worth ₹100 Crore

APL Apollo Tubes Limited has issued Commercial Papers (CPs). The total amount of the issuance is ₹100 Crore. The CPs have ISIN INE702C14CS0. The allotment date is 14/07/2025 and the maturity date is 29/09/2025. The rate of interest is 6.07% for a tenure of 77 days. The CPs were issued in favour of Kotak Mahindra Bank Ltd. The credit rating for the CPs is [ICRA] A1+. The Commercial Papers will be listed on BSE Limited.