ImportantDefaults on Payment of Interest/Principal

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.

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Aban Offshore LimitedABAN · Filed with the exchange

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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