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As on : 30-Sep-2026

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30-Sep-2026 19:00

Gandhar Oil Refinery's bank loan facilities reaffirmed as Crisil A+/Stable, totaling Rs. 1014 crore

Gandhar Oil Refinery (India) Ltd announced that CRISIL Ratings Limited has reaffirmed its ratings on the company's various bank loan facilities and instruments, including the Total Bank Loan Facilities amounting to Rs.1014 crore, rated Crisil A+/Stable (enhanced from Rs.300 crore), along with Short Term rated Crisil A1, Bank Guarantee rated Crisil A1 (State Bank of India), Cash Credit facilities of Rs.20 (Bank of Baroda), Rs.7.5 (ICICI Bank Limited), Rs.5 (Axis Bank Limited), Rs.27.5 (State Bank of India), Rs.15 (Union Bank of India), Letter of Credit facilities of Rs.125 (IndusInd Bank Limited), Rs.110 (Bank of Baroda), Rs.103 (State Bank of India), Rs.55 (Axis Bank Limited), Rs.134.5 (HDFC Bank Limited), Rs.94.5 (ICICI Bank Limited), Rs.95 (Union Bank of India), Rs.30 (Axis Bank Limited), Working Capital Facilities of Rs.2 (State Bank of India), Rs.103 (Citi Bank), and Rs.57 (IDFC FIRST Bank Limited), all rated Crisil A1; no rating data was available from other agencies.

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