Great Eastern Shipping Company Ltd allots 5000 NCDs worth Rs. 500 crores

The Debenture Issue Committee of Great Eastern Shipping Company Ltd has at its meeting held January 16, 2017, allotted 7.99% 5,000 Unsecured Non-Convertible Debentures of face value of Rs. 10 lakhs each aggregating to Rs. 500 crores in two tranches of Rs. 250 crores each.

The meeting of the Committee commenced at 8.00 a.m. and concluded at 8.15 a.m.

Shares of GREAT EASTERN SHIPPING CO.LTD. was last trading in BSE at Rs.389.3 as compared to the previous close of Rs. 401.7. The total number of shares traded during the day was 23904 in over 1329 trades.

The stock hit an intraday high of Rs. 410.4 and intraday low of 385.85. The net turnover during the day was Rs. 9599205.

Source : Equity Bulls

Keywords