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Bharat Rasayan raises Rs 12.50 crore through issue of Commercial Paper

21 Feb 2017 Evaluate

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.



Peers
Company Name CMP
UPL 554.00
PI Industries 1742.55
Bayer CropScience 3473.10
Sharda Cropchem 740.50
Sumitomo Chem. India 356.50
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