Aban Offshore Ltd (ABAN) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Aban Offshore Ltd on NSE and BSE, with an AI summary of each filing.
Revised Notice for the Financial Year 2024-25 for convening the 39th Annual general Meeting (AGM) of the Company.
Annual General Meeting · 22 Oct 2026, 4:22 pm
Annual Report for the Financial Year 2025-26 and Notice convening the 40th Annual general Meeting (AGM) of the Company.
Others (Uncategorized) · 22 Oct 2026, 4:18 pm
Please note that the 40th Annual General Meeting ("AGM") of the Company will be held on Monday, the 16th November 2026 at 11.30 a.m (IST) or after the conclusion of the 39th AGM, either ....
Annual General Meeting · 22 Oct 2026, 4:08 pm
Please note that the 39th Annual General Meeting ("AGM") of the Company will be held on Monday, the 16th November 2026 at 10.15 A.M through Video Conferencing ('VC') / Other Audio Visual ....
Annual General Meeting · 22 Oct 2026, 4:04 pm
Disclosure pursuant to Regulation 57 of SEBI (LODR) Regulations, 2015.
Others (Uncategorized) · 16 Oct 2026, 5:07 pm
Aban Offshore Reports Rs 281 Crore Unredeemed Preference Shares Under Suspension Aban Offshore announced that outstanding Non-Convertible Redeemable Preference Shares totaling Rs 281 cr (including Rs 20 cr unlisted) remain unredeemed since 2014 and continue under suspension. Additionally, Axis Bank previously adjusted Rs 18 cr from the company’s current account balance without consent against preference dues. Following the relevant legal framework, the company reflected the preference share dues and the utilized sum as recoverable, subsequently setting off the liability against the recoverable amount in its books as on 31st Mar'26. The company is currently undergoing CIRP.
Financials Results for the Quarter ended June 2026
Financial Result · 25 Sept 2026, 9:17 pm
Unaudited Financial Results for the Quarter ended June 2026.
Others (Uncategorized) · 25 Sept 2026, 9:11 pm
Aban Offshore Reports Q1 FY27 Results Under Ongoing CIRP Process Aban Offshore, operating under Corporate Insolvency Resolution Process (CIRP), posted consolidated Q1 FY27 (quarter ended 30th Jun'26) revenue from operations of INR 1,652.55 million, up 44.43% YoY and 66.73% QoQ. Consolidated net profit reached INR 837.20 million compared to a net loss of INR 2,528.12 million in Q1 FY26. Statutory auditors issued a disclaimer of conclusion citing going concern uncertainties, default on borrowings, non-recognition of finance costs post-CIRP admission, unverified foreign subgroup debts, and unredeemed preference shares totaling INR 2,630 million.
Clarification regarding delay in disclosure of Outcome of Board Meeting.
Outcome · 19 Aug 2026, 10:06 pm
Aban Offshore Clarifies No Board Meeting Was Held on 14 Aug'26 Aban Offshore clarified to exchanges that no Board of Directors meeting was held on 14 Aug'26. The company is under a Corporate Insolvency Resolution Process (CIRP) since 01 Sep'25, with management run by a Resolution Professional (RP). The financial statements previously announced were signed by the RP as part of the CIRP, not approved by the Board. Therefore, regulations requiring disclosure within 30 minutes of a board meeting are not applicable, as no such meeting was convened.
AUDITED FINANCIAL FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2026
Financial Result · 14 Aug 2026, 10:38 pm
Delay in financials.
Financial Result · 13 Aug 2026, 10:39 pm
Aban Offshore Cites CIRP for Delay in Q1FY27 Financial Results Aban Offshore announced a delay in submitting its financial results for the quarter ended Jun 30, 2026. The delay is attributed to complexities arising from its ongoing Corporate Insolvency Resolution Process (CIRP), which began on Sep 01, 2025. This process necessitated extra time for collating and reconciling financial records, delaying the finalization of Mar'26 results. The ripple effect has impacted the preparation and audit of the Jun'26 quarterly results. The company aims to submit the pending results at the earliest.
Intimation under regulation 30 of SEBI LODR , Change in Key Managerial Persons.
Change in Management · 28 Jul 2026, 10:10 pm
Aban Offshore Announces Company Secretary Transition Aban Offshore announced a change in its Key Managerial Personnel. Current Company Secretary S. N. Balaji will superannuate on 31st Jul'26. He will be succeeded by D. Suresh, the existing Deputy Company Secretary, effective 01st Aug'26. Suresh is a qualified Company Secretary with over 10 years of experience in corporate governance and regulatory compliance, and around 15 years in finance and accounts. The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP).
Resignation of Independent Director
Change in Management · 23 Jul 2026, 5:44 pm
Aban Offshore Independent Director Krishnamurthy Vijayan Resigns Aban Offshore announced the resignation of Independent Director Mr. Krishnamurthy Vijayan, effective 22 Jul'26, citing personal reasons and professional commitments. Mr. Vijayan confirmed there are no other material reasons for his departure. He also serves as a director and Audit Committee member at Neueon Corporation Limited. Aban Offshore has been undergoing a Corporate Insolvency Resolution Process (CIRP) since 01 Sep'25. This resignation marks a change in board composition amid the ongoing insolvency proceedings.
Resignation of Independent Director.
Others (Uncategorized) · 23 Jul 2026, 5:35 pm
Aban Offshore Announces Independent Director Resignation Mr. Krishnamurthy Vijayan has resigned as an Independent Director of Aban Offshore Ltd (ABAN), effective 22nd Jul'26, citing personal reasons and professional commitments. The resignation letter confirms no other material reasons for his departure. Mr. Vijayan also serves as a member of the Audit Committee at Neueon Corporation Limited. Aban Offshore is currently undergoing a Corporate Insolvency Resolution Process (CIRP) under the IBC, initiated on 1st Sep'25.
Compliance-57 (5)
Others (Uncategorized) · 17 Jul 2026, 9:33 pm
Aban Offshore Discloses Non-Redemption of Preference Shares Since 2014 Aban Offshore (Scrip: 523204), currently undergoing CIRP, disclosed on Jul 17, '26 that its outstanding Non-Convertible Redeemable Preference shares amounting to ₹281 crores have not been redeemed since 2014. Of this total, ₹20 crores worth of shares are unlisted. The company noted that these preference shares are currently under suspension. This disclosure was made pursuant to Regulation 57(5) of SEBI (LODR) Regulations, 2015. The company entered CIRP proceedings effective Sep 01, '25.
Clarification
Others (Uncategorized) · 29 Jun 2026, 10:17 pm
Aban Offshore Cites CIRP Stay for Non-Compliance with SEBI Regulations Aban Offshore Limited has responded to a regulatory notice for non-submission of its Secretarial Compliance Report for FY25. The company stated it has been under a Corporate Insolvency Resolution Process (CIRP) since 01 Sep'25. However, the CIRP was subsequently stayed by the NCLAT on 21 Jan'26. This ongoing stay prevented the convening of its AGM and the appointment of a Secretarial Auditor, leading to the compliance delay. Aban Offshore has requested a waiver of the resulting penalty, asserting the non-submission was unintentional.
Order dated 02.06.2026 Passed by Hon''ble NCLAT, Chennai
Others (Uncategorized) · 04 Jun 2026, 10:07 pm
NCLAT Defers Aban Offshore Appeal to Jul'26 The NCLAT Chennai has deferred the hearing for Aban Offshore's Company Appeal to 13 Jul'26. In an order dated 02 Jun'26, the appellate tribunal noted subsequent developments relevant to the case brought by the suspended Managing Director against Punjab National Bank and others. The interim order dated 21 Jan'26 will continue to operate until the next hearing. The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) initiated by an NCLT order from 01 Sep'25.
Intimation regarding cancellation of submission of Audited fincanicial results for the quarter/year ended March 2026 on 28th May,2026
Others (Uncategorized) · 28 May 2026, 4:47 pm
Aban Offshore Delays Submission of Q4 and FY26 Financial Results Aban Offshore Limited, currently undergoing CIRP, announced on 28th May'26 that it will not be submitting its audited financial results for the quarter and year ended 31st Mar'26 as scheduled. The Resolution Professional cited ongoing compilation, verification, and reconciliation of financial data from various sources as the reason for the delay. The company states this process requires considerable time and effort. A new submission date was not provided, with results to be filed upon completion of the reconciliation process.
Aban Offshore Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve Intimation regarding audited ....
Intimation · 28 May 2026, 5:30 am
Aban Offshore to Approve Q4 & FY26 Audited Financials on 28th May Aban Offshore Limited, currently undergoing CIRP since 01st Sep'25, has scheduled a meeting for 28th May'26. The Resolution Professional will consider and approve the standalone and consolidated audited financial results for the quarter and year ended 31st Mar'26. This action follows the company's ongoing proceedings under the Insolvency and Bankruptcy Code.
NCLAT order
Others (Uncategorized) · 16 Apr 2026, 10:33 pm
Aban Offshore NCLAT Hearing Adjourned to June 2026 Aban Offshore's NCLAT hearing concerning its Corporate Insolvency Resolution Process has been adjourned to 02 Jun'26. The appeal was filed by the suspended Managing Director, Reji Abraham, against Punjab National Bank & Anr. The NCLAT, Chennai bench, granted the adjournment on 10 Apr'26 at the appellant's request. Any existing interim orders will remain in effect until the next hearing. The company has been under CIRP since an NCLT order dated 01 Sep'25.
Reply to Query on delay in disclosure under Regulation 30 SEBI LODR - CIRP updates.
Others (Uncategorized) · 07 Apr 2026, 10:18 pm
Aban Offshore Clarifies CIRP Disclosure Timing Aban Offshore, currently undergoing CIRP since 01 Sep'25, has clarified the timing of a recent disclosure. The company stated that the NCLAT Order, dated 27 Mar'26, was only uploaded to the tribunal's website on 06 Apr'26. Aban Offshore asserts it disclosed the order to stock exchanges immediately thereafter, thus refuting any delay in its submission as per Regulation 30 requirements.
NCLAT order
Others (Uncategorized) · 06 Apr 2026, 11:17 pm
Aban Offshore NCLAT Order Notes OTS Proposal Rejection, Appeal to Continue Aban Offshore's suspended MD, Reji Abraham, appealed against Punjab National Bank at the NCLAT. The tribunal noted on 27 Mar'26 that a One-Time Settlement (OTS) proposal, previously under consideration, has been turned down by the respondent. With no possibility of settlement, the controversy over the proposal is no longer an impediment. The NCLAT will now proceed with the appeal on its merits. The case is listed for orders on 10 Apr'26. Aban Offshore has been under CIRP since 01 Sep'25.
<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
Others (Uncategorized) · 02 Apr 2026, 5:46 pm
Aban Offshore Not a "Large Corporate" Due to "CARE D" Credit Rating Aban Offshore Limited, currently under CIRP, has informed exchanges it does not qualify as a "Large Corporate" under SEBI's framework as of Apr'26. This is due to its credit rating for Long Term Bank Facilities and Instruments being "CARE D; Issuer Not Cooperating". The company reported outstanding borrowings of Rs. 281 Crores as of 31st Mar, exclusively from Non-Convertible Redeemable Preference Shares which have been due for redemption since 2014. Bank borrowings are not included in this figure.
Compliance 57 (5) for the quarter ended 31st March 2026.
Others (Uncategorized) · 02 Apr 2026, 5:22 pm
Aban Offshore Discloses Non-Redemption of Preference Shares Aban Offshore, currently undergoing CIRP since an NCLT order on 01 Sep'25, disclosed on 02 Apr'26 that it has not redeemed its outstanding Non-Convertible Redeemable Preference shares. The total amount outstanding is Rs.281 crores, which includes Rs.20 crores of unlisted shares. These preference shares have remained unredeemed since 2014 and are currently under suspension. This filing was made pursuant to Regulation 57(5) of SEBI LODR for the quarter ending 31 Mar'26.
Corporate Insolvency Resolution Process NCLAT Order.
Others (Uncategorized) · 18 Feb 2026, 10:19 pm
Aban Offshore NCLAT Hearing on CIRP Adjourned for Settlement Talks Aban Offshore's CIRP appeal at NCLAT Chennai was adjourned to 27 Mar '26. The appellant, Suspended MD Reji Abraham, requested the adjournment to pursue a settlement with Punjab National Bank. NCLAT granted the request in the interest of justice, though PNB opposed it. The interim order from 21 Jan '26 will remain in effect until the next hearing. If no settlement is reached, the appeal will be argued on its merits. Aban has been under CIRP since 01 Sep '25.
Integrated Filing financials for the quarter ended 31st December 2025.
Financial Result · 13 Feb 2026, 10:16 pm
Aban Offshore Reports Q3 FY26 Results Amidst Insolvency Proceedings Aban Offshore, currently under CIRP, reported a standalone net profit of ₹236.67 million for the quarter ending 31 Dec'25, compared to a loss of ₹34.94 million YoY. Total income fell to ₹291.56 million from ₹370.05 million YoY. On a consolidated basis, the company posted a net profit of ₹295.57 million versus a loss of ₹2,765.48 million YoY. The auditor issued a disclaimer of conclusion, citing material uncertainties including going concern issues, unconfirmed bank balances, overdue investments, and impacts from the ongoing insolvency process.