PACRA Withdraws Entity Ratings of Meskay & Femtee (Pvt.) Limited
PACRA withdraws the entity ratings of Meskay & Femtee (Pvt.) Limited with immediate effect, on account of the company's decision not to continue the ratings.
Meskay & Femtee (Pvt.) Limited is a Private Limited company established on 1993. The company is engaged in processing and trading business of rice. Meskay & Femtee is one of the largest exporters of rice in the domestic landscape. In 1998, Meskay and Femtee (Pvt.) Limited became a full-fledge milling business. Meskay & Femtee Pvt Limited is owned by four individuals. Mr. Teka Mal( (46.80%), two sons, Mr. Mukesh and Mr. Manoj holds ~22.4% each while Mrs Sundari, Wife of Mr. Teka Mal, holds the remaining. Meskay’s board comprises four members who are also shareholders of the company.