Bharat Rasayan raises Rs 20 crore via CP
7th May 2019

Bharat Rasayan has raised funds through issue of Commercial Paper (CP) of Rs 20 crore value dated on May 07, 2019, having maturity on August 05, 2019. The rating agency, CARE rating has rated the instrument as ‘A1+’. 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.