Apollo Micro Systems has informed that the Acuite Rating & Research (Acuite) has revised the credit ratings assigned to the Company. Acuite has upgraded its long-term rating to ‘ACUITE BBB’ (read as ACUITE triple B ) from ‘ACUITE BBB-’ (read as ACUITE triple B minus) and short-term rating upgraded to 'ACUITE A3+' (read as ACUITE A three plus) from 'ACUITE A3' (read as ACUITE A three) on the Rs 195.00 Crores bank facilities. The outlook is 'Stable'.
The above information is a part of company’s filings submitted to BSE.
