Credit rating agency, CRISIL has assigned ratings to bank facilities of Kothari Fermentation & Biochem. The credit rating agency has assigned ‘BB+’ rating to the long-term bank facilities while the agency has assigned ‘A4+’ rating to short-term bank facilities. The agency has assigned the total bank facilities of the company amounting Rs 200 million.
Kothari Fermentation and Biochem was incorporated on 26th December 1990. It is a Public Limited Company listed on leading Indian Stock Exchanges. The Company has set up 'Yeast & its Derivatives” manufacturing plant based on latest technology at Sikandarabad. Distt. Bulandshahar (U.P.) about 50 km away from New Delhi (India).