Great Eastern Shipping Company (GE Shipping) has raised Rs 150 crore by way of private placement. The Debenture Issue Committee of the company has allotted 8.05% 1,500 Secured Non-Convertible Debentures of face value of Rs 10 lakh each aggregating to Rs 150 crore.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.
