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ICRA suspends rating assigned to Apcotex Industries’ bank facilities

09 Dec 2011 Evaluate

ICRA has suspended ‘BBB+’ and ‘A2+’ rating assigned to Apcotex Industries’ Rs 14.0 crore long term fund based facilities and Rs 5.0 crore short term non-fund based facilities respectively. The suspension follows ICRA’s inability to carry out a rating surveillance in the absence of the requisite information from the company.

With basic engineering and process know-how from Chemische Werke Huls (CWH) Germany, Apcotex pioneered the production of Vinyl Pyridine Latex, an important raw material for the tyre industry, in India.

Apcotex Inds Share Price

519.75 8.40 (1.64%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Apcotex Inds 519.75
Pix Transmission 1526.30
GRP 1899.00
Harrisons Malayalam 225.00
Tinna Rubber & Infra 834.50
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