Great Eastern Shipping Company Ltd approves allotment of NCDs worth Rs. 250 crores

The Debenture Issue Committee of Great Eastern Shipping Company Ltd has at its meeting held on May 09, 2016 approved the allotment of 2,500 Unsecured Non-Convertible Debentures of face value of Rs. 10 lakhs each aggregating to Rs. 250 crore (tranche 1).

The meeting of the Committee commenced at 10:30 a.m. and concluded at 11.45 a.m.

Shares of GREAT EASTERN SHIPPING CO.LTD. was last trading in BSE at Rs.311.95 as compared to the previous close of Rs. 308.45. The total number of shares traded during the day was 6894 in over 404 trades.

The stock hit an intraday high of Rs. 316 and intraday low of 310. The net turnover during the day was Rs. 2157101.

Source : Equity Bulls

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