Credit rating agency, Credit Analysis & Research (CARE) has assigned credit rating of ‘A +’ to non-convertible debenture (NCD) issue of Dhunseri Petrochem & Tea amounting to Rs 100 crore for a maturity of 10 years. The board at its meeting held on January 31, 2013 has taken the note of the same.
Dhunseri Petrochem & Tea is the flagship company of the Kolkata based Dhunseri group belonging to Dhanuka family. The company is engaged in cultivation, manufacture and sale of tea with 11 tea gardens (all of them located in and around Assam) and manufacturing of PET resins.
