Rating History: Foundation Securities (Pvt) Limited
| Company Name | Date | Rating Type | Long Term | Short Term | Outlook/Rating Watch | Action | 
|---|---|---|---|---|---|---|
| 
                                    Foundation Securities (Pvt) Limited
                                    
                                 | 09/22/2025 | BFR | BFR3++ | Stable | Reaffirmed | |
| 
                                    Foundation Securities (Pvt) Limited
                                    
                                 | 10/17/2024 | BFR | BFR3++ | Stable | Reaffirmed | |
| 
                                    Foundation Securities (Pvt) Limited
                                    
                                 | 09/13/2023 | BFR | BFR3++ | Stable | Upgrade | |
| 
                                    Foundation Securities (Pvt) Limited
                                    
                                 | 02/22/2022 | BFR | BFR3+ | Rating Watch - Developing | Initial On Rating Watch |