GE Shipping to raise Rs 500 crore on Private Placement basis

12 Jan 2017

Great Eastern Shipping Company (GE Shipping) is planning to raise Rs 500 crore through issuance of Unsecured Non-Convertible Debentures (NCDs) on private placement basis. The debenture issue committee is scheduled to hold meeting on January 16, 2017, to consider the same.

Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.

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307.50 -4.55 (-1.46%) Mar 01, 18:43
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SEBI Registered: Investment Adviser - INA000013323