Rating History: Adam Securities Limited
| Company Name | Date | Rating Type | Long Term | Short Term | Outlook/Rating Watch | Action | 
|---|---|---|---|---|---|---|
| 
                                    Adam Securities Limited
                                    
                                 | 06/25/2025 | BFR | BFR2 | Stable | Reaffirmed | |
| 
                                    Adam Securities Limited
                                    
                                 | 06/20/2024 | BFR | BFR2 | Stable | Upgrade | |
| 
                                    Adam Securities Limited
                                    
                                 | 12/28/2023 | BFR | BFR3++ | Stable | Reaffirmed | |
| 
                                    Adam Securities Limited
                                    
                                 | 11/07/2022 | BFR | BFR3++ | Stable | Reaffirmed | |
| 
                                    Adam Securities Limited
                                    
                                 | 10/12/2021 | BFR | BFR3++ | Stable | Initial |