Press Release

VIS Suspends Entity Ratings of Mehran Plastic Industries (Pvt) Limited

Karachi, July 06, 2022: VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘BBB+/A-2’ (Triple B Plus/A-Two) assigned to Mehran Plastic Industries (Pvt.) Limited, with immediate effect, due to non-availability of required information for ratings analysis. The ratings will be reassessed as and when required information is available. Previous rating action was announced on April 30, 2021.

For further information on this rating announcement, please contact Ms. Nisha Ahuja (Ext: 204) or the undersigned (Ext. 207) at 021-35311861-70 or email at info@vis.com.pk





Sara Ahmed
Director

Applicable rating criteria: Methodology - Industrial Corporates (August 2021)
https://docs.vis.com.pk/docs/CorporateMethodology202108.pdf

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