Number of messages in the thread: 1
1. Date: 2008-10-04 15:07:18
Subject: aban industry
From: a...@g...com Search message by this author
Aban Offshore Limited, together with its subsidiaries, provides oil
field services for offshore exploration and production of hydrocarbons
in India and internationally. It owns and operates offshore drilling
rigs, as well as provides drilling services to various oil and gas
operators. The company also engages in the generation of wind energy
and provides wind energy services. As of March 31, 2007, it operated a
fleet of 19 offshore drilling assets and 1 floating production system
unit. The company, formerly known as Aban Loyd Chiles Offshore
Limited, was founded in 1986 and changed its name to Aban Offshore
Limited in 2006. The company is based in Chennai, India
Aban Offshore Ltd has informed BSE that the members at the 22nd Annual
General Meeting (AGM) of the Company held on September 17, 2008 have
approved raising of long term funds for an amount not exceeding $ 400
Million through issue of FCCBs / GDRs / ADRs etc and the issue of
Equity Shares / Fully Convertible Debentures / Partly Convertible
Debentures / Optionally convertible Debentures or any other securities
other than warrants in one or more placements to Qualified
Institutional Buyers for an amount not exceeding INR 10 billion.
its market possision is very high. its share is going very high
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