Credit rating agency, CARE has reaffirmed ‘BBB-’ rating to Kriti Nutrients’ long-term bank facilities worth Rs 51.64 crore. The rating agency has also reaffirmed ‘BBB/A3’ rating to the company’s Long-term/Short-term bank facilities worth Rs 20 crore. The ratings continue to draw strength from the established operations of Kriti Nutrients (KNL) in the soya-based solvent extraction and refining business, its strong brand and marketing network and addition of value-added soya products in its portfolio.
Kriti Nutrients is engaged in the extraction of soya oil and soya de-oiled cake (DOC), refining of crude soya oil and manufacturing of other soya products.
