FilingReader Intelligence
Apollo Micro Systems gets credit rating upgrade
July 16, 2025 at 09:09 AM UTC•By FilingReader AI
Acuité Ratings & Research Limited upgraded Apollo Micro Systems' credit ratings following an appeal. Bank loan ratings totaling INR 452.50 crore were upgraded from ACUITE BBB+ to ACUITE A-, while short-term ratings of INR 150 crore improved from ACUITE A2 to ACUITE A2+.
The upgrade reflects improved liquidity after a preferential issue of INR 742.25 crore.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:APOLLO•Bombay Stock Exchange
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