Credit rating agency, ICRA has reaffirmed the following rating to various bank facilities of the Dhanuka Agritech. Long-term rating of the Company has been reaffirmed at A+ (Stable) for Rs.50.0 crore fund based facilities. The rating agency has also reaffirmed the short-term rating to A1+ for Rs. 50.56 crore non-fund based limits of Company.
Dhanuka Agritech is the umbrella company for the business of agro-chemicals, fertilizers, and seeds of Dhanuka Group. The company reaches out to more than 10 million farmers with its eco-friendly high quality crop care products. The Agri-Division has a pan-India presence through its marketing offices in all major states in India.
