Credit Rating Result

ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of the Company as "A" in the long term and "ST-2" in the short term along with Stable outlook in consideration of audited financials of the Company up to June 30, 2022 and un-audited financials up to the period ending March 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.