Press Release

VIS Suspends Entity Ratings of Kausar Ghee Mills (Pvt.) Limited

Karachi, December 07, 2021: VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to Kausar Ghee Mills (Pvt.) Limited (KGML), with immediate effect, due to non-availability of audited accounts for ratings analysis. The ratings will be reassessed as and when the required information is available. The previous rating action was announced on September 09, 2020.

For further information on this rating announcement, please contact Ms. Asfia Aziz and/or the undersigned at 021-35311861-66 (Ext. 306) 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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