Press Release

VIS Withdraws Entity Ratings of Riaz Textile Mills (Pvt.) Limited

Karachi, August 26, 2020: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings assigned to Riaz Textile Mills (Pvt.) Limited, with immediate effect, on account of non-renewal of rating contract. The previous rating action was announced on February 12, 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 Faheem Ahmed
Deputy CEO

VIS Entity Rating Criteria: Corporates (May 2019)
https://www.vis.com.pk/kc-meth.aspx

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