APL Apollo Tubes issues ₹100 crore commercial paper, to list on BSE

APL Apollo Tubes Limited has issued commercial papers totaling ₹100 crore, according to an announcement dated October 13, 2025. The security, identified by ISIN INE702C14CT8, has an allotment date of October 13, 2025, and matures on December 23, 2025.

The commercial papers carry a rate of 6.02% and have a tenure of 71 days. They were issued in favor of Kotak Mahindra Bank Ltd. and received a credit rating of [ICRA] A1+. The company confirmed that these commercial papers will be listed on BSE Limited.

This issuance is in accordance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company, represented by vipul jain, company secretary and compliance officer, submitted these details for regulatory record.