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Apollo Pipes Ltd. receives credit rating upgrades from CRISIL for Rs. 280 crore bank facilities
16-Sep-2026, 08:02

Apollo Pipes Ltd announced that CRISIL has upgraded its ratings on bank facilities, including Rs. 280 Crore of Bank Facilities, from ‘Crisil A’ to ‘Crisil AA-/Stable’ for the long term and from ‘Crisil A1’ to ‘Crisil A1+’ for the short term, with an upgraded outlook revised to Stable (Long-term) for the same Bank Facilities of Rs. 280 Crore; no rating data was provided by other agencies, and there were no enhancements, assignments, or withdrawals noted.