Credit rating agency ICRA has assigned ‘A’ rating to Ultramarine & Pigments’ long term bank facilities worth Rs 12.75 crore. The rating agency has also assigned ‘A1’ rating to the company’s short term bank facilities worth Rs 2.25 crore.
Ultramarine & Pigments is one of the largest pigment and surfactant manufacturing company of Indian origin, having two factories in south India. It specializes in the manufacture of inorganic pigments and organic surfactants with international quality standard.