J.K. Spinning Mills Limited has announced that VIS Credit Rating Company Limited (VIS) has reaffirmed the company’s entity ratings of ‘A-’ (Single A Minus) and ‘A-1’ (Single A One).
According to the company’s disclosure dated August 31, 2026, the ratings were reaffirmed in a press release issued by VIS on August 21, 2026. The disclosure was made in accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations.
The reaffirmation reflects the latest assessment by VIS, a full-service credit rating agency providing independent rating services in Pakistan. The company has informed the Pakistan Stock Exchange that the relevant VIS press release is available for review.
The ‘A-’ entity rating indicates J.K. Spinning Mills’ standing under the rating agency’s assessment, while the ‘A-1’ rating is part of the company’s disclosed credit ratings. The reaffirmation provides an updated view of the company’s credit profile as assessed by an independent rating agency.
J.K. Spinning Mills has also requested that the relevant information be communicated to the TRE Certificate Holders of the Exchange, in line with the disclosure requirements.
The announcement comes as part of the company’s ongoing regulatory disclosures to the Pakistan Stock Exchange and provides investors and market participants with the latest information regarding its entity credit ratings.
