Emerging Credit Rating Ltd. (ECRL) has upgraded to A (Pronounced as Single A) long-term credit rating and affirmed ST-2 short-term credit rating to Otto Spinning Ltd. The outlook on the rating is Stable. The rating is based on the audited financial statement from FY2020-2022, unaudited financial statement from FY2023 along with other qualitative and quantitative data up to the date of rating.