Corporates

Miscellaneous

Name Date Rating Type Long Term Short Term Outlook Action
Al-Bario Engineering (Pvt) Ltd 1/18/2023 Entity
Suspended
Ana & Batla Industries (Pvt) Ltd 5/18/2023 Entity
BBB Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A-2 Stable Downgrade
Associated Technologies (Pvt) Limited 9/25/2023 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2 Stable Reaffirmed
Avari Hotels (Pvt.) Limited 6/16/2023 BLR
AA (blr) High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
Stable Reaffirmed
Biotech Energy (Pvt) Limited 9/21/2023 Entity
A Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1 Stable Upgrade
Frontier Ceramics Limited 9/8/2023 Entity
Suspended
HKB Retail (SMC-Pvt) Limited 1/11/2024 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-3 Stable Reaffirmed
Lahore Grammer School (Pvt) Ltd 11/29/2023 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2 Stable Initial
Maple Leaf Capital Limited 12/21/2023 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1 Stable Initial
Optimus Limited 8/3/2023 Entity
BBB+ Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A-2 Stable Initial
Pakistan Tiles Private Limited 5/24/2023 Entity
Suspended
Shirazi Investments (Pvt) Limited 1/24/2024 Entity
AA High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
A-1+ Stable Upgrade
Transsion Tecno Electronics (Pvt) Limited 6/16/2023 Entity
BBB+ Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A-2 Stable Maintained