Press Release

VIS Withdraws Entity Ratings of Agro Steel Industry

Karachi, October 21, 2021: VIS Credit Rating Company has withdrawn the entity ratings of ‘BBB-/A-2’ (Triple B Minus/ A-Two) assigned to Agro Steel Industry (ASI), with immediate effect on account of non-renewal of contract. Previous rating action was announced on August 25, 2021.

For further information on this rating announcement, please contact Mr. Muhammad Tabish (Ext: 204) or the undersigned (Ext. 306) at 021-35311861-70 or email at info@vis.com.pk




Faryal Ahmad Faheem
Deputy CEO

VIS Entity Rating Criteria: Corporates (August 2021)
https://docs.vis.com.pk/docs/CorporateMethodology202108.pdf

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