Texol Lubritech FZC - Foreign Material subsidiary of Gandhar Oil Refinery (India) Limited has received an order from Abu Dhabi National Oil Company. Texol Lubritech FZC - Foreign Material subsidiary has entered into an agreement for manufacture, package, label and make available the Products for ADNOC DISTRIBUTION on contract basis.

The forecasted average annual volume is 30 million litres for each year 2024, 2025 and 2026.

The estimated annual value of contract is US$ 45 million equivalent to approx. Rs. 375 crores, for each year 2024, 2025 and 2026.