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India’s Great Eastern Shipping to mull up to Rs. 10 billion debt issue
By Tali Rackner
Minneapolis, April 21 – Great Eastern Shipping Co. Ltd. informed the Bombay Stock Exchange that its board of directors will meet on May 5 to consider an issue of up to Rs. 10 billion of nonconvertible debentures.
The debt would be issued during the year by way of private placement.
The Mumbai, India-based shipping company transports liquid, gas and solid bulk products.
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