Credit rating agency, CARE has revised the rating from ‘BB+’ to ‘BBB-‘ assigned to the long term bank facilities of Rasoya Proteins. The credit rating agency has also revised the rating from ‘A4’ to ‘A3’ assigned to the short term bank facilities of the company indicating moderate degree of safety regarding timely servicing of financial obligations.
Rasoya Proteins presently sells whole wheat flour under Mejwani brand in western markets. The company is engaged in manufacturing of soya-based products and edible oil such as soya oil, soyameal and value added soya products.
