Gulf Oil Lubricants India gets revision in credit ratings

From ICRA

Gulf Oil Lubricants India announced that ICRA has upgraded the long-term rating from [ICRA]AA- (pronounced ICRA double A minus) to [ICRA]AA (pronounced ICRA double A) and reaffirmed the short-term rating of [ICRA]A1+ (pronounced ICRA A one plus), outstanding on the fund based limits and non-fund based limits of the Company aggregating to Rs. 392.00 crore. The outlook on the long-term rating is 'Stable'.

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