Thursday 5 March 2015

Aban Offshore arms redeem outstanding bonds worth Rs. 1,335 crore

The stock has hit a high of Rs. 518 and a low of Rs. 474.25 on BSE today.

Shares of Aban Offshore Ltd were trading 7% up at Rs. 516 on BSE today.

The stock opened at Rs. 479 as against the previous close of Rs. 481, on BSE. It has hit a high of Rs. 518 and a low of Rs. 474.25 on BSE today.

Aban Offshore Ltd has informed BSE that "Deep Drilling 7 Pte Ltd and Deep Drilling 8 Pte Ltd" wholly owned step-down subsidiaries of the Company, have redeemed the outstanding bonds issued by them having an aggregate principal amount of USD 216 Million [equivalent to INR 1,335 Crores] alongwith accrued interest on the due date (i.e) March 5, 2015.

Total traded quantity on the counter stood at over 6.89 lk shares on BSE.

Meanwhile, the benchmark BSE Sensex is trading at 29,436 up 55 points

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