Acuite Rating reaffirms credit ratings of Apollo Micro Systems Limited

Acuite Rating & Research Limited ("Acuité") has reaffirmed the credit ratings assigned to Apollo Micro Systems Limited, vide email dated 3rd September 2022.

Acuité has reaffirmed its long-term rating of 'ACUITE BBB' (read as ACUITE triple B) and short-term rating reaffirmed 'ACUITE A3+ ' (read as ACUITE A three plus) on the Rs. 210.00 Crores bank facilities of the Company. The outlook is 'Stable'.

Acuité has assigned its long-term (Quantum of Enhancement) rating of 'ACUITE BBB' (read as ACUITE triple B) on the Rs.50 Crores bank facilities of the Company. The outlook is 'Stable'.

Source : Equity Bulls

Keywords

ApolloMicroSystems RatingUpdate Reaffirmed AcuiteRatingandResearch