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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