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GE Shipping planning to raise funds through NCDs

22 Oct 2020 Evaluate

Great Eastern Shipping Company (GE Shipping) is planning to raise funds through issuance of Non-Convertible Debentures (NCDs) upto an amount not exceeding Rs 150 crore by way of private placement. A meeting of the Debenture Issue Committee of the company is scheduled to be held on October 26, 2020, to consider and approve 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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