Credit rating agency, CRISIL has reaffirmed ‘A/Stable’ rating assigned to Hatsun Agro Product’ long term bank facilities worth Rs 9 billion. The credit rating agency has also reaffirmed ‘A1’ rating assigned to company’s commercial paper worth Rs 150 crore.
As per the company’s Rating Agreement, CRISIL would disseminate the ratings, along with the outlook, through its publications and other media and keep the ratings along with the outlook, under surveillance over the life of the instrument/facility.
Hatsun Agro, India's largest private sector dairy, sells liquid milk under the brand name Arokya, ice creams under the brand Arun Icecreams, and a wide range of dairy products under the brand Hatsun.
