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.