CARE reaffirms credit ratings of Bharat Rasayan
Chemical

CARE reaffirms credit ratings of Bharat Rasayan

CARE has reaffirmed A1+ rating on Commercial Paper (CP) Issue.

  • By ICN Bureau | January 04, 2021

Credit Analysis & Research Limited (CARE) has reaffirmed the rating on credit facilities of Bharat Rasayan Limited.

CARE has reaffirmed A1+ rating on Commercial Paper (CP) Issue. It has also reaffirmed long-term Bank Facilities at CARE AA- and Short Term Bank Facilities at CARE A1+.

Bharat Rasayan is promoted by S N Gupta and Bharat Insecticides and incorporated in May 1989 the company manufactures Technical-grade pesticides, Pesticide formulations and intermediates. The product basket cosists metaphenoxy benzaldehyde, fenvalerate, cypermethrin, ethyl ester and isoproturon.

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