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Bharat Rasayan raises Rs 12.50 crore via issue of commercial paper

21 Nov 2016 Evaluate

Bharat Rasayan has issued Commercial Paper of Rs 12.50 crore, having maturity on February 16, 2017. The issue has been rated CARE A1+ by a leading rating agency. The company has appointed HDFC Bank as Issuing & Paying Agent for this issuance.

Bharat Rasayan, part of the Bharat Group of companies, is engaged in manufacturing technical grade pesticides, pesticides formulations and intermediates.

Peers
Company Name CMP
UPL 522.00
PI Industries 2245.00
Bayer CropScience 3555.45
Sharda Cropchem 710.30
Sumitomo Chem. India 417.30
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