Subsequent Events (Predecessor)

12 Months Ended

Mar. 31, 2016

Subsequent Events

Subsequent Events

25. Subsequent Events

During April and May 2016, we repurchased and held 497,900 common shares as treasury shares for $5.0 million.

Predecessor

Subsequent Events

Subsequent Events

15. Subsequent Events

On July 29, 2013, the following transactions took place:

· Cepheus, Lyra and Cetus sold the Captain Nicholas ML, the Captain John NP and the Captain Markos NL  to CMNL LPG Transport LLC, CJNP LPG Transport LLC and CNML LPG Transport LLC (being newly created entities of the same shareholders), respectively, which also assumed the related outstanding bank debt and interest rate swaps related to each vessel.

· 100% interest in CMNL LPG Transport LLC, CJNP LPG Transport LLC and CNML LPG Transport LLC was contributed to Dorian LPG Ltd. in exchange for equity in Dorian LPG Ltd.

· The Grendon was sold to Grendon Tanker LLC, a wholly-owned subsidiary of Dorian LPG Ltd.