Aban Offshore Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting

Aban Offshore's board has approved the Q1 FY26 consolidated financial results, reporting a net loss of Rs. 252.81 Cr on total income of Rs. 116.24 Cr. Auditors have issued a disclaimer on these results, highlighting significant doubt about the Group's ability to continue operations. This stems from defaults on loan repayments, interest, and non-redemption of preference shares totaling Rs. 281 Cr. Management is actively discussing a debt resolution plan with lenders. Additionally, the Annual General Meeting date has been rescheduled to September 24, 2025.