Press Release

VIS Withdraws Entity Rating of Rajby Industries

Karachi, September 29, 2026: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings assigned to Rajby Industries (‘RI’ or ‘the Company’) with immediate effect, following the winding up of Company’s operations and transfer of its assets to Rajby Industries (Pvt) Limited. Previous rating action was announced on August 06, 2026.

For further information on this rating announcement, please contact (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-for-withdrawal-and-suspension-of-ratings.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 September 29, 2026 VIS Credit Rating Company Limited. All rights reserved. Contents may be used by news media with credit to VIS.