Azgard Nine Limited Receives Initial Credit Rating from PACRA

Lahore: Azgard Nine Limited, a prominent entity in the textile sector, announced that the Pakistan Credit Rating Agency (PACRA) has assigned the company an initial credit rating of BBB for the long-term and A2 for the short-term, both with a stable outlook. This disclosure was made as per the stipulations of Section 96 of the Securities Act, 2015, and in alignment with Clause 5.6.1 of the Rule Book of the Exchange. The announcement was formally documented in a disclosure form dated November 25, 2025.

Located at Ismail Aiwan-i-Science, Off: Shahrh-i-Roomi, Lahore, Azgard Nine Limited communicated this material information through its Chief Executive Officer/Company Secretary, ensuring compliance with the regulatory framework. The contact details for further inquiries were provided, including a telephone line and fax number for direct communication.

According to information available from the Pakistan Stock Exchange (PSX), Azgard Nine Limited's credit ratings reflect its financial standing and operational prospects within the designated market category. The stable outlook associated with these ratings suggests a balanced financial trajectory for the company.

In adherence to the requirements of the Securities Act, 2015, the disclosure form was duly signed on behalf of Azgard Nine Limited by an authorized representative, thereby fulfilling the legal obligations of transparency and accountability in financial reporting.