25 Feb 2008
The board of directors of Essar Shipping has approved a proposal to raise up to $1 billion via FCCBs/GDRs to fund existing and upcoming projects.
According to a release issued by the company to the BSE today, the board has also approved a proposal to change the company name from Essar Shipping to Essar Ports & Logistics.
Monday, February 25, 2008
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