Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has sustained the entity ratings of Shahzad Textile Mills Limited at ‘A-‘ for long-term and ‘A2’ for short-term, continuing its watch status due to the company’s financial strains and industry c…

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the entity ratings of Reliance Cotton Spinning Mills Limited at ‘A-‘ for the long term and ‘A2’ for the short term, maintaining a stable outlook. This decision reflects the compan…

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the entity ratings of Lucky Electric Power Company Limited (LEPCL) at ‘AA’ for long term and ‘A1+’ for short term, maintaining a stable outlook. These ratings reflect LEPCL’s con…

Islamabad, The Pakistan Credit Rating Agency Limited (PACRA) has assigned an initial long-term rating of ‘A’ with a stable outlook to BankIslami Pakistan Limited (BIPL) for its ADT-1 Modaraba Sukuk II, valued at PKR 1 billion, as of February 2024. This…

Karachi, The entity ratings for IJ Plastic Industries (Pvt.) Limited (IJPIL) by VIS Credit Rating Company Limited (VIS) have been withdrawn. This action is effective immediately and results from the non-renewal of the rating contract, with the last ass…

Karachi, In a recent announcement, VIS Credit Rating Company Limited (VIS) has withdrawn its entity ratings for Magna Processing Industries (Pvt.) Limited (MPIL). This decision, effective immediately, comes due to the non-renewal of the rating contract…

Karachi, VIS Credit Rating Company Limited (VIS) announced the immediate withdrawal of its entity ratings for Magna Textile Industries (Pvt.) Limited (MTIL) due to the non-renewal of their rating contract. This decision follows a recent rating action o…