Credit rating agency, ICRA has revised/reaffirmed rating of ‘A+’ with stable outlook to Balrampur Chini Mills’ long term loans worth Rs 580.01 crore, fund based limits (cash credit) worth Rs 1810.00 crore and non convertible debenture programme worth Rs 30 crore. The rating agency has also revised/reaffirmed ‘A1’ ratings to company’s short term non-fund based limits worth Rs 65.00 crore and commercial paper/short term debt programme worth Rs 500 crore.
Balrampur Chini is one of the largest integrated sugar manufacturers in India. Its business portfolio consists of manufacturing and marketing of sugar, ethyl alcohol, ethanol, generation and selling of power and also manufacturing and marketing of organic manure.
Company Name | CMP |
---|---|
Shree Renuka Sugar | 42.12 |
Bajaj Hindusthan Sug | 32.70 |
Triveni Engg. & Inds | 351.70 |
Balrampur Chini Mill | 378.35 |
Dalmia Bharat Sugar | 383.15 |
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