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Gulf Oil Lubricants India gets revision in ratings for bank facilities

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Capital Market

From ICRA

Gulf Oil Lubricants India announced that ICRA has upgraded the long term rating from ICRA A+ to ICRA AA- and reaffirmed the short term rating of ICRA A1+, on the fund based limits and non-fund based limits of Gulf Oil Lubricants India (GOLIL) aggregating to Rs. 392.00 crore. The outlook on the long-term rating is Stable.

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First Published: Aug 30 2016 | 11:02 AM IST

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