Name |
Date |
Rating Type |
Long Term |
Short Term |
Outlook/Rating Watch |
Action |
Sitara Chemical Industries Limited |
4/24/2025 |
Sukuk 1 |
AA-
High credit quality; Protection factors are strong. Risk is modest but
may vary slightly from time to time because of economic conditions.
|
|
Stable |
Reaffirmed |
|
Tower Power (Pvt) Limited |
4/24/2025 |
Entity |
A-
Good credit quality; Protection factors are adequate. Risk factors
may vary with possible changes in the economy.
|
A2
Good likelihood of timely repayment of short-term obligations with
sound short-term liquidity factors
|
Stable |
Reaffirmed |
|
Tariq Corporation Limited |
4/23/2025 |
Entity |
BBB
Adequate credit quality; Protection factors are reasonable and
sufficient. Risk factors are considered variable if changes occur in the
economy.
|
A3
Fair likelihood of timely repayment of short-term debt obligations with
satisfactory liquidity factors
|
Stable |
Reaffirmed |
|
CSC Empowerment & Inclusion Programme (MFI) |
4/23/2025 |
Entity |
BBB-
Adequate credit quality; Protection factors are reasonable and
sufficient. Risk factors are considered variable if changes occur in the
economy.
|
A3
Fair likelihood of timely repayment of short-term debt obligations with
satisfactory liquidity factors
|
Stable |
Reaffirmed |
|
Darson Securities (Pvt) Limited |
4/22/2025 |
BFR |
BFR3+
Good fiduciary standards
|
|
Stable |
Reaffirmed |
|
RYK Mills Limited |
4/22/2025 |
STS |
|
A1
Strong likelihood of timely repayment of short-term obligations with
excellent liquidity factors
|
|
Final |
|
Mehboob Steel Pipe Industry |
4/22/2025 |
Entity |
|
|
|
Review Initiated |
|
Umar Spinning Mills (Pvt) Limited |
4/22/2025 |
Entity |
BBB+
Adequate credit quality; Protection factors are reasonable and
sufficient. Risk factors are considered variable if changes occur in the
economy.
|
A2
Good likelihood of timely repayment of short-term obligations with
sound short-term liquidity factors
|
Stable |
Reaffirmed |
|
JK Dairies (Pvt) Limited |
12/24/2024 |
Entity |
BBB+
Adequate credit quality; Protection factors are reasonable and
sufficient. Risk factors are considered variable if changes occur in the
economy.
|
A2
Good likelihood of timely repayment of short-term obligations with
sound short-term liquidity factors
|
Stable |
Reaffirmed |
|
Two Star Industries (Pvt) Limited |
4/21/2025 |
Entity |
BBB+
Adequate credit quality; Protection factors are reasonable and
sufficient. Risk factors are considered variable if changes occur in the
economy.
|
A2
Good likelihood of timely repayment of short-term obligations with
sound short-term liquidity factors
|
Negative |
Maintained |
|