Bharat Rasayan has issued Commercial Paper of Rs 12.50 crore value dated February 20, 2017, having maturity on May 19, 2017, which have been rated ‘A1+’ by a leading rating agency, CARE. 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.