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June 17, 2022 | ||
To | ||
BSE Ltd | National Stock Exchange of India Ltd | |
Phiroze Jeejeebhoy Towers | Exchange Plaza, 5th Floor | |
21st Floor, | Plot No :: C/1 G Block | |
Dalal Street | Sandra - Kurla Complex | |
Mumbai 400 001. | Sandra {E),Mumbai 400 051 | |
Scrip Code:: 523204 | Scrip Code :: ABAN | |
Through :: BSE Listing Centre | Through :: NEAPS | |
Dear Sir, | ||
Sub: Sale of Jack-up Rig Deep Driller 7 |
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please be informed that the Board at their meeting held on 26 May,2022 had approved the sale of Jack up Rig Deep Driller 7 owned by our step down subsidiary Deep Drilling 7 Pte Ltd subject to approval of shareholders and other requisite approvals. The Sale and Purchase Agreement between the parties was entered into today. The details are as under:
S.No. | Particulars | Details | ||||||||||
a) | The amount and percentage of the turnover or revenue or | Nil as the rig was stacked. | ||||||||||
income and net worth contributed by such unit or division of | ||||||||||||
b) | the listed entity during the last financial year | 1i" June 2022 | ||||||||||
Date on which the agreement for sale has been entered into | ||||||||||||
c) | The expected date of completion of sale/disposal | 061" August 2022 | or about | |||||||||
d) | Consideration receivable from such sale/disposal | USD 30,000,000 | ||||||||||
e) | Brief details of buyers and whether any of the buyers belong | Rs.234 Crores. | ||||||||||
Shelf Drilling Services Limited | ||||||||||||
to the promoter/promoter group companies | The buyer is not related to the | |||||||||||
promoter/promoter | group of | |||||||||||
companies. | ||||||||||||
- Whether the transaction would fall within related party No transactions
Whether the sale is in the nature of Slump sale | No. |
Kindly take the information on record.
Thanking you
Your
-
shore Limited
ral Manager (Legal) & Secretary
Regd. Office : Janpriya Crest, 113, Pantheon Road, Egmore, Chennai - 600 008. India | 'f.JI!. |
CIN: L01119TN1986PLC013473 Phone: 91 4 �90oU-6U6 ax791Tf4"4 Z8T9n52T | |
e-mail: abanoffshore@aban.com website : www.abanoffshore.com | f..,.,.1�r fA[) |
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Aban Offshore Ltd. published this content on 17 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2022 11:32:00 UTC.