Bharat Rasayan has raised funds through issue of Commercial Paper (CP) worth Rs 220 crore on January 03, 2019, having maturity on March 29, 2019. The credit rating agency, CARE has rated ‘A1+’ to the instrument. 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.