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APL Apollo Tubes Limited — Capital/Financing Update 2021
Feb 11, 2021
62024_rns_2021-02-11_54438920-6c72-4e19-ab0d-872bfc1d9831.pdf
Capital/Financing Update
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APL/SECT/DLH/SE: 2020-21 11th February 2021
Electronic Filing
National Stock Exchange of India Limited Department of Corporate Services/Listing “Exchange Plaza” Bandra-Kurla Complex, BSE Limited Bandra (E), Phiroze Jeejeebhoy Tower, Mumbai-400051 Dalal Street, Fort, Mumbai-400001 NSE Symbol : APLAPOLLO Scrip Code : 533758
Re: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
This is to inform you that CRISIL Ratings has reviewed the credit ratings on the bank loan facilities of the Company as below:
| Facilities | Rating | Rating Action |
|---|---|---|
| Long Term Bank Facilities | CRISIL AA; Stable | Revised from CRISIL AA-;Stable |
| Short Term Bank Facilities | CRISIL A1+ | Reaffirmed |
We request you to kindly take the above information on your record.
Thanking you Yours faithfully
For APL Apollo Tubes Limited
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Deepak CS Company Secretary
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