Press Release

VIS Withdraws Bank Loan Rating of Ghotki Kandhkot Road & Bridge Company (Pvt.) Limited

Karachi, November 03, 2025: VIS Credit Rating Company Limited (VIS) has withdrawn the bank loan rating (blr) of 'AA (blr, plim)' (Double A (blr, Preliminary)) assigned to Ghotki Kandhkot Road & Bridge Company (Pvt.) Limited (‘’GRBC’’ or ‘’the Company’’) secured bank loan facility, with immediate effect, on account of the management’s decision to discontinue the rating. Previous rating action was announced on July 31, 2024.

For further information on this ratings announcement, please contact at 021-35311861-64 or email at info@vis.com.pk

Applicable Rating Criteria: Corporates:
https://docs.vis.com.pk/docs/CorporateMethodology.pdf

VIS Issue/Issuer Rating Scale:
https://docs.vis.com.pk/docs/VISRatingScales.pdf

Information herein was obtained from sources believed to be accurate and reliable; however, VIS Credit Rating Company Limited (VIS) does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. VIS, the analysts involved in the rating process and members of its rating committee do not have any conflict of interest relating to the rating(s)/ranking(s) mentioned in this report. VIS is paid a fee for most rating assignments. This rating/ranking is an opinion and is not a recommendation to buy or sell any securities. Copyright November 03, 2025 VIS Credit Rating Company Limited. All rights reserved. Contents may be used by news media with credit to VIS.