ALPHA TRIBE

Aban Offshore LimitedImportant, 07-07-2025: Defaults on Payment of Interest/Principal

07-07-2025 | 11:33 am

Aban Offshore Limited has announced a default on its loan repayments for the quarter, with ₹666.84 Cr outstanding from bank loans and cash credit facilities, fully in default. Additionally, ₹44.72 Cr of its unlisted debt securities remain unpaid. The total financial indebtedness stands at ₹711.55 Cr. This shortfall in servicing debt could impact the company’s credit profile and investor confidence, reflecting challenges in liquidity or cash flow management that shareholders should monitor closely.

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