MoneyWorks4Me

G E Shipping gets nod to raise funds up to Rs 1000 crore via NCDs

07 May 2019 Evaluate

Great Eastern Shipping Company (G E Shipping) has received an approval for the issue of Non-convertible Debentures (NCDs) up to an amount not exceeding Rs 1000 crore by way of private placement during the year. The Board of Directors of the company at its meeting held on May 06, 2019, approved the same.

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

Peers