Bharat Rasayan has issued Commercial Paper of Rs 20 crore on December 27, 2017, having maturity on March 23, 2018. The issue has been rated ‘A1+’ by a leading credit rating agency, CARE Ratings. 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.