Credit rating agency, CRISIL has assigned credit ratings to Kothari Fermentation and Biochem’s bank loan facilities worth Rs 30 crore. The rating agency has assigned Long-term Rating of ‘BB+’ with positive outlook, while Short-term Rating of ‘A4+’.
Kothari Fermentation and Biochem has been engaged in the manufacture of yeast and its derivatives. The manufacturing unit of the company produces various kinds of yeast including compressed yeast, dried yeast, distiller yeast improvers, extract paste and extract powder.
