CRISIL reaffirms long term rating of Insecticides (India) to ‘CRISIL A/Stable’

Credit rating agency, CRISIL has reaffirmed bank loan ratings of Insecticides (India)’s bank facilities for long-term rating (fund based as cash credit/term loan/overdraft and working capital facility) to ‘CRISIL A/Stable’ and short-term rating (non-fund based as letter of credit/buyer’s credit) to ‘CRISIL A1’.

Insecticides (India) is India’s leading agro-chemical and pesticides manufacturer. It has entered into technical collaboration with global giants AMVAC, USA for THIMET, which is India's most popular generic pesticide.