Recent Releases

(From ICRA Nepal)

• Bhagwati Laminates Private Limited: Moved to Issuer Not Cooperating category with notice for rating withdrawal; long-term rating downgraded
• Maya Khola Hydropower Company Limited: [ICRANP-IR] BB- assigned and [ICRANP] LBB-/A4 reaffirmed
• Machhapuchchhre Bank Limited: Ratings downgraded to [ICRANP-IR] BBB+ and [ICRANP] LBBB+, Continues to remain on watch with negative implications
• Arghakhanchi Cement Limited: Ratings reaffirmed and removed from Watch with Negative Implications
• MAW Earth Movers Private Limited: Rating reaffirmed and removed from Watch with Negative Implications
• Sumy Pharmaceuticals Private Limited: [ICRANP] LBB-/A4 Rating Assigned
• Siddhartha Oil Industries: [ICRANP] A4+ Rating Assigned
• Rating of [ICRANP-IR] BB for Issuer Rating of Jalpa Samudayik Laghubitta Bittiya Sanstha Limited Assigned.