Press Release

VIS Suspends Entity Ratings of Eastern Spinning Mills Limited

Karachi, January 12, 2023: VIS Credit Rating Company Limited (VIS) has suspended the entity ratings assigned to Eastern Spinning Mills Limited (ESML), 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. The previous rating action was announced on December 30, 2021.

For further information on this rating announcement, please contact Ms. Tayyaba Ijaz, CFA at 042-35723411-13 (Ext. 8005) and/or the undersigned at 021-35311861-66 (Ext. 207) or email at info@vis.com.pk



Sara Ahmed
Director

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

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