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The Pakistan Credit Rating Agency Limited
Press Release

Date
19-Dec-25

Analyst
Ahsan Zahid
ahsan.zahid@pacra.com
+92-42-35869504
www.pacra.com

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This press release is being transmitted for the sole purpose of dissemination through print/electronic media. The press release may be used in full or in part without changing the meaning or context thereof with due credit to PACRA

PACRA Withdraws the Entity Ratings of Hi-Tech Feeds (Pvt.) Limited

Rating Type Entity
Current
(19-Dec-25 )
Previous
(20-Dec-24 )
Action Withdraw Maintain
Long Term - BBB+
Short Term - A2
Outlook Stable
Rating Watch - -

PACRA withdraws the assigned Entity Ratings of Hi-Tech Feeds (Pvt.) Limited due to the unavailibility of requisite information with immediate effect.
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About the Entity
Hi-Tech Feeds (Pvt) Limited is a prominent venture of the Hi-Tech Group, which has diversified vertically across the poultry supply chain. The company was incorporated in 1985 and is primarily engaged in manufacturing and selling poultry feed variants for birds of different types and age groups. The company has feed manufacturing facility situated in Sahiwal, with a production capacity of 350,000 MT. Hi-Tech Feeds is equally (25%) owned by Dr. Muhammad Arshad, Dr. Abdul Qayyum, Dr. Muhammad Asim Khan, and Dr. Anwar Mahmood Randhawa. All four sponsors, who also serve as directors on the board, hold veterinary degrees and are well-equipped with relevant industry knowledge. Dr. Muhammad Arshad serves as the CEO of the company.

The primary function of PACRA is to evaluate the capacity and willingness of an entity to honor its obligations. Our ratings reflect an independent, professional and impartial assessment of the risks associated with a particular instrument or an entity. PACRA's comprehensive offerings include instrument and entity credit ratings, insurer financial strength ratings, fund ratings, asset manager ratings and real estate gradings. PACRA opinion is not a recommendation to purchase, sell or hold a security, in as much as it does not comment on the security's market price or suitability for a particular investor.