Emerging Credit Rating Limited (ECRL) has affirmed A- (Pronounced as single A minus) long term credit rating and ST-2 short term credit rating to Green Delta Securities Limited. The outlook of the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. The rating is based on the audited financial statements from FY2022-FY2025 and other quantitative and qualitative information up to the date of rating. The rating is valid from April 15, 2026 to April 14, 2027. The ratings may be changed or revised prior to expiry, if warranted by extraordinary circumstances in the management, operations and/or performance of the entity rated.