Emerging Credit Rating Limited (ECRL) has assigned the ESME-3 credit rating to M/S J.N Enterprise. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of organization. The rating is based on information received from the concern, along with other relevant quantitative and qualitative information available up to the date of rating. The rating is valid from November 13, 2025, to November 12, 2026. 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.