Credit rating agency, CRISIL has assigned 'A1+' rating to Chambal Fertilisers & Chemicals’ short term debt (including Commercial Paper) for an enhanced amount of Rs 2200 crore (enhanced from Rs 1500 crore to Rs 2200 crore). The another rating agency, ICRA has assigned 'A1+' rating to the Commercial Paper programme of the Company for an enhanced amount of Rs 2200 crore (enhanced from Rs 700 crore to Rs 2200 crore).
Chambal Fertilisers & Chemicals is one of the largest private sector fertilizer producers in India. It has three divisions catering agri products, shipping & textiles.
