India’s Great Eastern approves Rs. 2.5 billion tranche of debentures

By Wendy Van Sickle

Columbus, Ohio, June 1 – Great Eastern Shipping Co. Ltd.’s debenture committee approved at a Wednesday meeting the allotment of Rs. 2.5 billion of tranche 2 nonconvertible debentures, according to a Bombay Stock Exchange notice.

The 2,500 debentures have a face value of Rs. 100,000 each. The first Rs. 2. 5 billion tranche was allotted on May 9.

The Mumbai-based shipping company transports liquid, gas and solid bulk products.

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