Press Release

VIS Matures Rating of Short Term Sukuk-2 of Mahmood Textile Mills Limited

Karachi, April 14, 2026: VIS Credit Rating Company Limited (VIS) has matured the rating assigned to Mahmood Textile Mills Limited’s Short Term Sukuk-2 (STS-2) issue, amounting to PKR 6,000 million. Issuance and maturity dates of the instrument were October 13, 2025 and April 13, 2026, respectively. The previous rating action was announced November 07, 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, Withdrawal and Maturity 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 April 14, 2026 VIS Credit Rating Company Limited. All rights reserved. Contents may be used by news media with credit to VIS.