Press Release

VIS Withdraws Entity Ratings of Shajar Roads Limited

Karachi, January 10, 2022: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘A/A-2’ (Single A/A-Two) assigned to Shajar Roads Limited, with immediate effect, on account of non-renewal of rating contract. The previous rating action was announced on November 24, 2020.

For further information on this rating announcement, please contact Syed Fahim Haider at 042-35723411-13 (Ext: 8006) or the undersigned at 021-35311861-70 (Ext. 201) 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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