Press Release

VIS Suspends Entity Ratings of Mehboob Steel Pipe Industry

Karachi, May 21, 2026: VIS Credit Rating Company Limited (VIS) has suspended the entity ratings assigned to Mehboob Steel Pipe Industry (‘MSPI’ or ‘the Company’) with immediate effect. The ratings will be withdrawn once the outstanding dues are settled. Previous rating action was announced on May 21, 2025.
For further information on this ratings announcement, please contact at 021-35311861-64 or email at info@vis.com.pk.

Applicable Rating Criteria: Policy for Suspension and Withdrawals of Ratings
https://docs.vis.com.pk/docs/policy_withdrawal.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 May 21, 2026 VIS Credit Rating Company Limited. All rights reserved. Contents may be used by news media with credit to VIS.