CRISIL reaffirms ratings assigned to bank-facilities of Insecticides

Insecticides (India) Ltd. | Pesticides & Agrochemicals | Chemicals & Fertilizers | BSE: 532851 | NSE: INSECTICID

10 Oct 2014 Evaluate

Credit rating agency, CRISIL has reaffirmed Bank Loan Ratings to Insecticides (India)’s bank facilities for Long-term Rating (Fund Based as Cash Credit / Term Loan / Overdraft and Working Capital Facility) at ‘A / Negative’ and Short-term Rating (Non-fund Based as Letter of Credit / Buyer’s Credit) at ‘A2+’.

Insecticides India’s leading agro-chemical and pesticides manufacturer. The company has formulation facilities in Chopanki in Rajasthan, Samba and Udhampur in Jammu & Kashmir and Dahej in Gujarat. It also has plants at Chopanki and Dahej to manufacture technical grade chemicals.

Peers

Company Name	CMP
UPL	553.15
PI Industries	2386.70
Bayer CropScience	3772.10
Sharda Cropchem	761.50
Sumitomo Chem. India	463.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.