APL Apollo Tubes has announced the issuance of commercial paper amounting to Rs 200 crore. The commercial paper, which carries an interest rate of 6.12%, was allotted on 21 April 2026 and is set to mature on 15 June 2026, marking a tenure of 55 days.
The commercial paper, identified by the ISIN INE702C14CX0, has been issued in favour of UTI-LIQUID FUND. It has received a credit rating of [ICRA] A1+, indicating a high degree of safety regarding timely payment of financial obligations.
This commercial paper will be listed on BSE Limited, providing an additional layer of transparency and accessibility for potential investors.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).