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Great Eastern Shipping gets nod to raise funds through NCDs

The company has received approval to raise upto an amount not exceeding Rs 1000 crore

Great Eastern Shipping Company has received approval to raise upto an amount not exceeding Rs 1000 crore through Non-convertible Debentures (NCDs) on basis of private placement during a period of one year.

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