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CRISIL assigns rating to bank facilities of Tata Chemicals

02 Sep 2016 Evaluate

Credit rating agency, CRISIL has assigned the rating of ‘A1+’ to the short-term debt programme (including commercial paper) worth Rs 100 crore. Further, CRISIL has withdrawn its 'A1+' rating assigned earlier to company's Rs 100 crore short-term debt programme, as there is no amount outstanding against the said instrument.

Tata Chemicals is the second-largest producer of soda ash in the world with manufacturing facilities in India, UK, Kenya and USA. It is India’s leading crop nutrients player and a leading player in crop protection business through its subsidiary Rallis India.

Peers
Company Name CMP
Godrej Industries 986.05
SRF 2513.60
BASF India 3345.60
Pidilite Inds. 1480.15
Tata Chemicals 589.80
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