Bharat Rasayan has issued Commercial Paper of Rs 20 crore on April 18, 2018, having maturity on June 29, 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.