Gulf Oil Lubricants India receives upgrade in LT credit ratings from ICRA

Gulf Oil Lubricants India has received upgrade in credit ratings from ICRA as under:

Long term fund based cash credit (Rs 92 crore) - ICRA AA+; Stable (upgraded from ICRA AA; Stable)

Short term fund based/non fund based-others (Rs 50 crore) - ICRA A1+ (reaffirmed)

Short term non fund based- others (Rs 490 crore) - ICRA A1+ (reaffirmed)

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