Gulf Oil Lubricants India receives upgrade in credit ratings for bank facilities

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

Long term bank facilities (Rs 15 crore) - IVR A / Stable (upgraded from IVR A- / Stable)
Short term bank facilities (Rs 1445 crore) - IVR A1 (upgraded from IVR A2+)