Emerging Credit Rating Limited has assigned BBB+ (pronounced as Triple B Plus) long term credit rating and ST-3 short term credit rating to DENZAI Bangladesh Ltd. The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. The rating is based on audited financial statements of up to FY2025 and other relevant qualitative and quantitative information available. The rating is valid from July 14, 2026 to July 13, 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.