Great Eastern Shipping Company (GE Shipping), India's largest private sector shipping firm is planning to raise Rs 150 crore through private placement issuance of secured non-convertible debentures (NCDs).
A meeting of the Debenture Issue Committee is scheduled to be held on August 30, 2017, to consider the issue of Secured NCDs up to an amount not exceeding Rs 150 crore.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.