Press Release

VIS Suspends Entity Ratings of Naveena Exports Limited

Karachi, March 21, 2023: VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘A/A-1’ (Single A/A-One) assigned to Naveena Exports Limited (NEL), with immediate effect, due to non-availability of required information for ratings analysis. The ratings will be reassessed as and when required information is available. Previous rating action announced on February 25, 2022.

For further information on this rating announcement, please contact Mr. Muhammad Tabish (Ext: 206) or the undersigned (Ext: 201) at 021-35311861-4 or email at info@vis.com.pk.







Javed Callea
Advisor

Applicable Criteria: Industrial Corporates (August 2021)
https://docs.vis.com.pk/docs/CorporateMethodology202108.pdf

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