Analyst
Sohail Ahmed Qureshi
sohail.ahmed@pacra.com
+92-42-35869504
www.pacra.com
Applicable Criteria
Related Research
PACRA Suspends the Entity Ratings of Saigal Packages Industries (Pvt.) Limited
| Rating Type | Entity | |
|
Current (07-Aug-26 ) |
Previous (07-Aug-25 ) |
|
| Action | Suspended | Maintain |
| Long Term | - | BBB- |
| Short Term | - | A2 |
| Outlook | Stable | |
| Rating Watch | - | - |
Due to the non-availability of requisite information, the entity ratings of Saigal Packages Industries (Pvt.) Limited have been suspended. As the required information is furnished to us, PACRA will update the ratings after following the due process.
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About
the Entity
Saigal Packages Industries (Pvt.) Ltd is a private limited company established in 2007. CEO, Mr. Tauseef Ahmad owns the majority of the Company, with 99.34% of the shares. The remaining shares are split equally between his son, Mr. Ahsan Tauseef, and his wife, Mrs. Amna Tauseef. The sponsors also own AJ Containers, which manufactures adhesive tapes, and are supported by a team of professionals.