Analyst
Usama Ali
usama.ali@pacra.com
+92-42-35869504
www.pacra.com
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Related Research
PACRA Suspends the Entity Ratings of Jhulay Lal Parboiled Rice Mill
Rating Type | Entity | |
Current (14-Oct-24 ) |
Previous (13-Oct-23 ) |
|
Action | Suspended | Maintain |
Long Term | - | BBB |
Short Term | - | A2 |
Outlook | Stable | |
Rating Watch | - | - |
The ratings of the Company have been suspended due to non availability of requisite information. The management has agreed to provide data. Once all information is available and PACRA fee is cleared, PACRA will update the ratings after following the due process.
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About
the Entity
Jhulay Lal Parboiled Rice Mills is a partnership firm run by Mr. Gurmukh Das and Mr. Ramesh Kumar. The two partners share an equal stake in the company. Mr. Gurmukh Das, is an experienced entrepreneur. He is an MBA in Marketing from SZABIST University. Mr. Das was formerly working in Faysal Bank before being involved in the Rice Business and now is the main face of Jhulay Lal. Syed Hassan & Co. Chartered Accountants are the auditor for Jhulay Lal.