Aban Offshore has informed that the Capital Issue Committee of the Company at its meeting held on July 08, 2014, approved the issue and allotment of 1,07,83,608 equity shares of face value Rs. 2/- to eligible Qualified Institutional Buyers (QIBs) at the issue Price of Rs. 695.50 per equity share, aggregating to Rs. 749,99,99,364 (Rs. Seven Hundred Forty Nine Crore Ninety Nine Lakhs Ninety Nine Thousand Three Hundred and sixty four only).
The above information is a part of company’s filings submitted to BSE.