Corporates

Consumer Goods
Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action
Agro Processors and Atmospheric Gases Limited 8/23/2023 Entity BBB A-2 Stable Upgrade
Asian Food Industries Limited 2/21/2024 Entity A- A-2 Stable Initial
At-Tahur Limited 6/10/2024 Entity A- A-2 Stable Maintained
Bismillah Sehla Processing Plant (Pvt) Limited 9/13/2023 Entity BBB+ A-2 Stable Initial
Bunny's Limited 4/6/2023 Entity A- A-2 Stable Reaffirmed
Dairyland (Pvt) Limited 11/17/2023 Entity A- A-2 Positive Reaffirmed
Everfresh Farms (Pvt) Limited 9/6/2023 Entity BBB+ A-2 Positive Maintained
Faisalabad Oil Refinery (Pvt) Limited 6/23/2023 Entity A- A-2 Stable Upgrade
Garibsons (Pvt) Ltd. 3/1/2024 Entity A A-2 Stable Upgrade
Golden Harvest Foods (Pvt) Limited 12/8/2023 Entity BBB+ A-2 Stable Reaffirmed
Haleeb Foods Limited 1/23/2024 Entity A- A-1 Stable Upgrade
Ittefaq Agro Industries (Pvt) Limited 5/2/2024 Entity A- A-2 Stable Initial
JK Dairies (Pvt) Limited 12/22/2023 Entity BBB+ A-2 Stable Reaffirmed
Karachi Grain (Pvt) Limited 6/11/2024 Entity BBB+ A-2 Stable Reaffirmed
Kausar Ghee Mills (Pvt) Limited 8/8/2023 Entity A- A-2 Stable Reaffirmed
Madina Oil Refinery Limited 4/9/2024 Entity BBB A-2 Stable Upgrade
Madina Private Limited 6/23/2023 Entity BBB A-2 Stable Reaffirmed
Matco Foods Limited 12/29/2023 Entity BBB+ A-2 Stable Reaffirmed
Olympia Oils (Pvt) Limited 12/6/2023 Entity A- A-2 Stable Reaffirmed
Shakarganj Food Products Limited 7/3/2024 Entity BBB- A-3 Stable Maintained
Shakarganj Food Products Limited 7/3/2024 Sukuk 1 BBB- Stable Downgrade
Staple Foods Private Limited 5/8/2024 Entity A A-1 Stable Upgrade
The Organic Meat Company Limited 7/2/2024 Entity A A-1 Stable Upgrade
Treet Corporation Limited 12/15/2023 Entity A- A-2 Stable Maintained
Unity Foods Limited 11/1/2023 Entity A A-2 Negative Reaffirmed