Emerging Credit Rating Limited (hereinafter referred to as ECRL) has assigned long term credit rating BBB+ (pronounced as Triple B Plus) and ST-3 short-term credit rating to the Cotton Dyeing & Finishing Mills Limited (from hereinafter referred to as ‘CDFML’ or ‘The Company’). The outlook on the rating is Stable. The rating is based on audited financial statement of FY 2019-FY2022.