Announcement under Regulation 30 (LODR)-Credit Rating
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Pacific Industries Ltd has informed the stock exchanges that CARE Ratings Limited has withdrawn the credit rating assigned to the company's bank facilities. The withdrawal was carried out at the request of the company, following CARE Ratings' standard Withdrawal Policy. The original request was made via email dated March 10, 2026, and confirmed by CARE on March 30, 2026. No specific prior rating value (such as AAA or BBB) is disclosed in the filing. CARE has asked the company to stop using the rating for any purpose going forward.
This is a neutral disclosure — the rating was withdrawn at the company's own request rather than due to any negative credit event. Investors should note that no active external credit rating now covers the company's bank facilities, which slightly reduces public visibility into its credit profile. It does not indicate financial distress or any rating action.