With reference to the earlier letter dated April 29, 2016, Great Eastern Shipping Company has now informed that the Debenture Issue Committee has at its meeting held on May 09, 2016 approved the allotment of 2,500 Unsecured Non-Convertible Debentures of face value of Rs 10 lakhs each aggregating to Rs 250 crore (tranche 1). The meeting of the Committee commenced at 10:30 a.m. and concluded at 11.45 a.m.
The above information is a part of company’s filings submitted to BSE.