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Aban Offshore allots shares worth Rs 53.76 crore to promoter group member

19 Aug 2014 Evaluate

Aban Offshore has allotted 13,75,000 shares worth Rs 53.76 crore to Deepa Reji Abraham, belonging to Promoter Group, after the receipt of balance 75% of purchase price in respect of preferential warrants issued in February 2014.

Post allotment, the Deepa Reji Abraham’s share holding in the company has increased to 5.34% of the total shares in the company from 3% of the total shares.

Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.

Aban Offshore Share Price

20.07 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
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