Bharat Rasayan has raised funds worth Rs 20 crore through issuance of Commercial Paper (CP) value dated on February 18, 2019 having maturity on March 28, 2019. The instrument has been rated ‘A1+’ by CARE rating agency. 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.