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Great Eastern Shipping gets nod to raise Rs 1000 crore via NCDs

06 May 2022 Evaluate

Great Eastern Shipping Company has received approval to raise Rs 1000 crore by issuance of Non-convertible Debentures (NCDs) by way of private placement during a period of one year. The board of director at their meeting held on May 6, 2022 has approved 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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