Aban Offshore share news, announcements and annual reports
NSE: ABANBSE: 523204OilSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹14.21.
30 Oct: open ₹14.49, high ₹14.49, low ₹13.95
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹84 Cr2,820th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 27,767
Aban Offshore share news and announcements
768 announcements, routine notices left out, newest first. Page 13 of 16.
May 2010
13 May · Updates
Aban Pearl, a semisubmersible ship owned by one of the subsidiaries of Aban Offshore, which was engaged in contract at offshore Venezuela is reported sank in the early hours of May 13, 2010 (GMT-5). At the time of reported incident, rig was manned with 95 personnel and all personnel were evacuated safely. The causes of semisubmersible sinking are unknown at this stage. At the time of issuance of this statement, the company is assisting in assessment and in determination of the causes of the incident13 May · Updates
Vide its letter dated May 13, 2010 that "Following an incident on the semisubmersible rig Aban Pearl, which impacted its stability, a decision was taken to evacuate all personnel. All crew members have now been evacuated and are safe."10 May · Board meeting
(1) To consider and approve the Audited Accounts for the year ended March 31, 2010 (2) To consider recommendation of Dividend for the Year 2009-10 (3) To consider closure of Register of Members and Share Transfer Book(s) of the Company.
Apr 2010
22 Apr · Updates
Venture Drilling AS (a 50% indirect joint venture of the Company) and Maersk Oil Angola A/S ("Maersk Oil") have reached a mutual agreement to amend their drilling contract relating to drillship Deep Venture, bringing the specified term of the contract to midnight of 20 April 2010. Maersk Oil will redeliver the drillship Deep Venture upon completion of the Chissonga 2 well in Angola, expectedly late April 2010, against an Early Termination Fee of USD 64 million.8 Apr · Updates
Aban Offshore Ltd. has informed the Exchange that "A Contract has been signed with Brunei Shell Petroleum Sendirian Berhad for the deployment of the jack-up rig Deep Driller 8 offshore Brunei for a firm period of 4 years plus four optional period of 1 year each. The estimated revenues from the firm period of the deployment is about USD 159 million (equivalent to Rs. 716 Crores). The deployment is likely to commence during the third quarter of calendar year 2010".1 Apr · Updates
Aban Offshore Ltd. has informed the Exchange that "A Letter of Award has been received from a leading exploration & production company for the deployment of the jack-up rig Deep Driller 1 offshore India for a firm period of 1 year plus two optional periods of 6 months each. The estimated revenues from the firm period of the deployment is about USD 41 million (equivalent to Rs 185 Crores). The deployment is likely to commence during the second quarter of calendar year 2010. A Contract has been signed for the deployment of the jack-up rig Aban VII as an accommodation unit offshore Qatar for a 6 week period. The estimated revenues from the Contract is USD 2.5 million (equivalent to Rs 11 Crores). The deployment is likely to commence during the second quarter of calendar year 2010 ".
Mar 2010
9 Mar · Rating
Aban Offshore Ltd. has informed the Exchange vide its letter dated March 09, 2010 that Credit Analysis & Research Ltd. (CARE) has revised the ratings for the Cumulative Non-Convertible Redeemable Preference Shares (CRPS) of Rs. 150 Crs, Rs. 156 Crores and Rs. 20 Crores issued by the Company. The revised ratings stand 'CARE BB(RPS)' [Double B (Redeemable Preference Shares)].
Feb 2010
24 Feb · Miscellaneous
Members of the Exchange are hereby informed that 11740 partly paid up equity shares of Aban Offshore Limited has become fully paid up on receipt of balance call money. In view of the above, trading in above fully paid up shares shall be available under the ISIN No. - INE421A01028 w.e.f. February 26, 2010.
Jan 2010
28 Jan · Forfeiture of shares
Aban Offshore Ltd. has informed the Exchange that the Board of Directors at their meeting held on January 28, 2010 had forfeited 16000 Party paid up Equity Shares of the Company.28 Jan · Results
Aban Offshore Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 84127.87 lacs for quarter ending on 31-DEC-2009 against Rs. 83684.5 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 8943.51 lacs for the quarter ending on 31-DEC-2009 against Rs. 25634.86 lacs for the quarter ending on 31-DEC-2008.28 Jan · Results
Aban Offshore Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 30032.26 lacs for quarter ending on 31-DEC-2009 against Rs. 26159.6 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 7359.78 lacs for the quarter ending on 31-DEC-2009 against Rs. 5587.27 lacs for the quarter ending on 31-DEC-2008.22 Jan · Updates
Aban Offshore Ltd. has informed the Exchange that the Semisubmersible Rig Aban Pearl owned by the wholly owned subsidiary has commenced its drilling operations on January 19, 2010.11 Jan · Board meeting
To transact the following items: (1) To consider and take on record the Unaudited Quarterly Standalone Financial Results of the Company for the period ended December 31, 2009; (2) To consider and take on record the Unaudited Quarterly Consolidated Financial Results of the Company for the period ended December 31, 2009.
Dec 2009
30 Dec · Updates
Aban Offshore Ltd. has informed the Exchange that Credit Analysis & Research Ltd. (CARE) has revised the ratings for the Cumulative Non-Convertible Redeemable Preference Shares (CRPS) issued by the Company. The Revised ratings stands at 'CARE BBB- (RPS)' [TRIBLE B Minus( Redeemable Preference Shares)].29 Dec · Allotment
Aban Offshore Ltd. has informed the Exchange vide its letter dated December 29, 2009 that "The Committee today allotted 1,320 (One Thousand Three Hundred and twenty only) Equity Shares of Rs. 2/- each under Employee Stock Options Scheme (ESOS 2005)."22 Dec · Updates
Aban Offshore Ltd. has informed the Exchange that "Sinvest AS, a wholly owned subsidiary of the Company, has redeemed the bonds having a principal amount aggregating to Norwegian Kroner(NOK) 1 billion (equivalent to Rs.800 Crore) alongwith accrued interest, on the due date (i.e.) December 22, 2009".
Nov 2009
20 Nov · Business
Aban Offshore Ltd. has informed the Exchange that the duly authorized Committee of the Board of the Company has, at its meeting held on November 20, 2009, allotted 56,97,135 fully paid equity shares of face value Rs.2/- each of the Company ("Equity Shares") at an issue price of Rs.1,224.30 per Equity Share (including a premium of Rs.1,222.30 per Equity Share), aggregating to Rs.697,50,02,380.50 (Rupees Six hundred ninety seven crore fifty lakh two thousand three hundred eighty and paise fifty only) to QIBs by way of a Qualified Institutions Placement under Chapter VIII of SEBI ICDR Regulations.18 Nov · Business
Aban Offshore Ltd. has informed the Exchange that in respect of issue of equity shares of face value Rs.2/- each of the Company ("Equity Shares") to QIBs under Qualified Institutions Placement in terms of Chapter VIII of SEBI ICDR Regulations, the duly authorized Committee of the Board of the Company has, at its meeting held on November 17, 2009 decided to close the bid period, and approved the issuance of up to 5,697,135 Equity Shares at a price of Rs.1224.30 per Equity Share (including a premium of Rs.1222.30 per Equity Share), aggregating to Rs.697,50,02,380.50 (Rupees Six hundred ninety seven crores fifty lacs two thousand three hundred eighty and paise fifty only). Further Company has inform that the floor price in respect of the aforesaid Qualified Institutions Placement, based on the pricing formula as prescribed under Regulation 85 of Chapter VIII of SEBI ICDR Regulations, is Rs.1224.28 per Equity Share, and the Relevant Date for this purpose, in terms of Regulation 81 (c) of Chapter VIII of SEBI ICDR Regulations, is November 13, 2009.13 Nov · Business
Aban Offshore Ltd. has informed the Exchange that "In respect of issue of equity shares of face value Rs. 2 each of the Company ("Equity Shares") to QIBs under Qualified Institutions Placement in terms of Chapter VIII of SEBI ICDR Regulations, the duly authorized Committee of the Board of the Company has, at its meeting held on November 13, 2009 has decided to open the Issue from November 13, 2009".4 Nov · Allotment of Equity Shares
Aban Offshore Ltd. has informed the Exchange that the Committee on October 31, 2009 allotted 6560 (Six Thousand Five Hundred and sixty only) Equity Shares of Rs. 2/- each under Employee Stock Options Scheme (ESOS 2005).
Oct 2009
26 Oct · Results
Aban Offshore Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 56229.44 lacs for half year ending on 30-SEP-2009 against Rs. 52901.43 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 16683.49 lacs for the half year ending on 30-SEP-2009 against Rs. 15285.19 lacs for the half year ending on 30-SEP-2008.26 Oct · Results
Aban Offshore Ltd. has informed the Exchange regarding the consolidated Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 149639.84 lacs for half year ending on 30-SEP-2009 against Rs. 157261.62 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 18230.08 lacs for the half year ending on 30-SEP-2009 against Rs. 39152.37 lacs for the half year ending on 30-SEP-2008.26 Oct · Results
Aban Offshore Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 27238.75 lacs for quarter ending on 30-SEP-2009 against Rs. 28206.38 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 8733.61 lacs for the quarter ending on 30-SEP-2009 against Rs. 8134.29 lacs for the quarter ending on 30-SEP-2008.26 Oct · Results
Aban Offshore Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 70291.93 lacs for quarter ending on 30-SEP-2009 against Rs. 82378.93 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 7144.97 lacs for the quarter ending on 30-SEP-2009 against Rs. 26782.71 lacs for the quarter ending on 30-SEP-2008.16 Oct · Board meeting
To transact the following items: (1) To consider and take on record the Unaudited Quarterly Standalone Financial Results of the Company for the period ended 30th September 2009. (2) To consider and take on record the Unaudited Quarterly Consolidated Financial Results of the Company for the period ended 30th September 2009.1 Oct · Grant of Options
Aban Offshore Ltd. has informed the Exchange that 175000 options of equity shares of Rs. 2/- each granted on July 14, 2009 by the Compensation Committee include the following options granted to Non Executive Directors of the Company. 1) Name of the Director : Mr. V. S. Rao, No. of options : 5000. 2) Name of the Director : Mr. P. Murari, No. of options : 5000. 3) Name of the Director : Mr. K. Bharathan, No. of options : 5000. 4) Name of the Director : Mr. Satish Chandra Gupta, No. of options : 5000.1 Oct · Updates
Aban Offshore Ltd. has informed the Exchange that "The Drillship Aban Abraham owned by the wholly owned subsidiary has commenced its drilling operations. Further we wish to inform that Hardy Exploration & Production (India) Inc has extended the contract for utilization of Floating Production Unit - Tahara for a furthur period of one year at USD 49,000 per day. The Operations would commence after completion of repair works in Tahara."
Sep 2009
22 Sep · Allotment of Equity Shares
Aban Offshore Ltd. has informed the Exchange that the Committee on September 19, 2009 allotted 8860 (Eight Thousand eight hundred and sixty only) Equity Shares of Rs. 2/- each under Employee Stock Options Scheme (ESOS 2005). The above allotment includes 6800 shares were allotted to two Deputy Managing Directors.17 Sep · Meeting
Aban Offshore Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 16, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
25 Aug · Updates
Aban Offshore Ltd. has informed the Exchange that "A Contract has been signed for the deployment of 3 newbuild jack-up rigs (from the Deep Driller series in the Middle East for a period of 3 years each. The estimated revenues from the Contract is approx. USD 603 million (equivalent to Rs.2925 Crores). The deployment is likely to commence in the third quarter of 2009. Further, a Contract has been signed for the deployment of a newbuild jack-up rig (from the Deep Driller series) in Latin America for a period of 25 1/2 months. The estimated revenues from the Contract is approx. USD 92 million (equivalent to Rs.446 Crores). The deployment is likely to commence in the third quarter of 2009".12 Aug · Updates
Aban Offshore Ltd. has informed the Exchange that: "Venture Drilling AS (a company that is 50% owned by Sinvest AS, which is a 100% indirect subsidiary of the Company) has commenced an 18 months drilling contract for the Drillship "Deep Venture" with Maersk Oil Angola on 10th August 2009 at a day rate of USD 495000".4 Aug · Miscellaneous
Members of the Exchange are hereby informed that 38700 partly paid up equity shares of Aban Offshore Limited has become fully paid up on receipt of balance call money. In view of the above, trading in above fully paid up shares shall be available under the ISIN No. - INE421A01028 w.e.f. August 06, 2009.1 Aug · Disclosure
Aban Offshore Ltd. has informed the Exchange that the following Employee Stock Options granted to eligible persons were lapsed : 1) Year of Grant 2005; No of options : 360. 2) Year of Grant : 2006; No of options : 120. 3) Year of Grant : 2008; No of options : 2400. Total : No of options : 2880.
Jul 2009
31 Jul · Updates
Aban Offshore Ltd. has submitted to the Exchange a copy of a working results of the Company, pursuant to clause 20 of the listing agreement. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.31 Jul · Meeting
Aban Offshore Ltd. has informed the Exchange that the Company has announced the Book Closure from September 10, 2009 to September 16, 2009 (both days inclusive) for the purpose of Annual General Meeting and declaration of dividend @180% (Rs.3.60/- per fully paid share and Rs.1.80 per partly paid share) on paid up equity capital including partly paid shares. For the year ended March 31, 2009.31 Jul · Raising of Funds/Others
Aban Offshore Ltd. has informed the Exchange that the Board of Directors at their meeting held July 31, 2009 has recommended that approval of members be sought for the following matters at the ensuing Annual General Meeting : a) Raising of long term funds through issue of FCCBs, ADRs, GDRs, etc. for an amount not exceeding USD400 million. b) Issue of equity related securities, etc. to Qualified Institutional Buyers for an amount not exceeding Rs. 2500 Crores.31 Jul · Dividend
Aban Offshore Ltd. has informed the Exchange that the Board of Directors of the Company at their Meeting held July 31, 2009 have recommended a dividend @ 180% on the entire paid up equity share capital (Including partly paid shares) of the Company (i.e. Rs. 3.60/- per share for the fully paid shares and Rs.1 .80 per share for partly paid shares), a Dividend of @ 8% p.a, @ 9% p.a and @ 9.25% (prorata) respectively on the Non- Convertible Cumulative Redeemable Preference Share Capital of the Company for the year / period ended March 31, 2009.31 Jul · Press Note
Aban Offshore Ltd. has informed the Exchange regarding a press note with respect to Audited Financial Results for the year ended March 31, 2009. A copy of the press note shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.31 Jul · Results
Aban Offshore Ltd. has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 100501.32 lacs for year ending on 31-MAR-2009 against Rs. 65792.06 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 25976.17 lacs for the year ending on 31-MAR-2009 against Rs. 15910.12 lacs for the year ending on 31-MAR-2008.31 Jul · Results
Aban Offshore Ltd. has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 305009.13 lacs for year ending on 31-MAR-2009 against Rs. 202105.63 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 54069.34 lacs for the year ending on 31-MAR-2009 against Rs. 12298.77 lacs for the year ending on 31-MAR-2008.31 Jul · Results
Aban Offshore Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 28990.69 lacs for quarter ending on 30-JUN-2009 against Rs. 24695.05 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 7949.88 lacs for the quarter ending on 30-JUN-2009 against Rs. 7150.9 lacs for the quarter ending on 30-JUN-2008.31 Jul · Results
Aban Offshore Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 79347.91 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 11085.11 lacs for the quarter ending on 30-JUN-2009.20 Jul · Board meeting
To transact the following items: 1) To consider and take on record the Unaudited Quarterly Standalone Financial Results of the Company for the period ended June 30, 2009. 2) To consider and take on record the Unaudited Quarterly Consolidated Financial Results of the Company for the period ended June 30, 2009 3) To consider and approve the Audited Accounts for the year ended March 31, 2009. 4) To consider recommendation of Dividend on Preference and Equity shares for the year 2008-09. 5) To consider closure of Register of Members and Share Transfer Book(s) of the Company.15 Jul · Suspension of partly paid up equity shares
Members of the Exchange are hereby informed that the trading in the Partly Paid Shares (Series - E1) of Aban Offshore Ltd. shall be suspended w.e.f. July 17, 2009 (i.e. closing hours of trading on July 16, 2009) on account of payment of balance call money.14 Jul · Employee Stock Option Scheme
Aban Offshore Ltd. has informed the Exchange that : "The Compensation Committee at its Meeting held on 14th July, 2009 has granted 175,000 Equity Shares of Rs. 2/- each under Employee Stock Option Scheme - 2005 to eligible employees including 2 Deputy Managing Directors".14 Jul · Corporate action
Aban Offshore Ltd. has informed the Exchange that "This Notice has reference to the equity shares originally issued by the erstwhile M/s. Hitech Drilling Services India Limited (Hitech) for which the final call notice was made on 28.09.1991. Hitech was subsequently merged with Aban Offshore Ltd. (formerly Aban Loyd Chiles Offshore Ltd.) (Aban) and 2 equity shares of Rs.10/- each of which Rs.5/- per share was paid-up were Issued for every 5 partly paid up equity shares held in Hitech. Subsequently each equity share of the face value of Rs. 10/- per share was split into 5 shares of Rs.2/- per share. The Partly paid equity shares of Rs. 10/- each in which Rs. 5/- per share were paid up were consequently split into 5 Partly paid up equity shares of Rs. 2/- per share of which Re. 1/- per share was paid up. The members holding partly paid shares in Aban be and are hereby advised to pay the balance amount of Re.1/- per share towards face value and interest @18% p.a from 5.11.1991 as per the Final call Notice dated 28.09.1991 issued by Hitech. The Board of Directors of Aban has at its meeting held on 14th July, 2009 fixed the record date as 24th July 2009 for this purpose".
Jun 2009
12 Jun · Updates
Aban Offshore Ltd. has informed the Exchange that Venture Drilling AS, a company 50% controlled by Sinvest AS (a wholly owned subsidiary of the Company), has a Bareboat agreement with the state owned company Arktikmorneftegazrazvedka ("Arktik"), for use of the drillship Deep Venture. Venture Drilling AS is paying Arktik a Bareboat hire of USD 21000 per day. Venture Drilling AS has a contract with Maersk Oil Angola AS until January 2011, where Maersk is paying USD 495000 per day to Venture Drilling AS. Arktik and the State Property Agency in Russia have agreed that the BB agreement entered into in 2005 before the market rates increased, do not have the necessary approvals from Russian Authorities. Venture Drilling AS disputes that. Arktik has therefore approached Venture Drilling AS, to try to renegotiate the agreement, including redelivery of the ship in 2011. The Bareboat agreement is regulated by Norwegian law, and Venture Drilling AS will, if needed, take legal steps to secure their interests in the Drillship Deep Venture.9 Jun · Updates
Aban Offshore Ltd. has informed the Exchange that a wholly owned subsidiary of the company has redelivered the jack-up rig "Murmanskaya" that was bareboat chartered in to its Owner following early termination of the bareboat charter.1 Jun · Limited Review Report
Aban Offshore Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
May 2009
5 May · Rating
Aban Offshore Ltd. has informed the Exchange with reference to the CARE rating for Non Convertible Cumulative Redeemable Preference Shares of Rs.150 Crores, Rs. 156 Crores and Rs.20 Crores issued by the Company that: Credit Analysis & Research Ltd. (CARE) has revised the ratings for the Cumulative Non-convertible Redeemable Preferences Shares (CRPS) issued by the Company. The revised ratings stand CARE BBB(RPS) (TRIBLE B) for all the CRPS Issues".