Aban Offshore Limited Submits SEBI Compliance Certificate for Quarter Ended March 2026

1 min read     Updated on 08 Apr 2026, 11:18 PM
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Aban Offshore Limited filed its quarterly compliance certificate with BSE and NSE for the quarter ended March 2026, pursuant to SEBI Regulation 74(5). The certificate, issued by Registrar Cameo Corporate Services Limited, confirms proper handling of dematerialization processes and regulatory compliance. Resolution Professional Shailesh Desai submitted the filing as the company continues under Corporate Insolvency Resolution Process.

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Aban Offshore Limited has submitted its quarterly compliance certificate to the stock exchanges for the quarter ended March 2026, fulfilling regulatory requirements under SEBI depositories regulations. The company, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), filed the necessary documentation with both BSE and NSE on April 08, 2026.

Regulatory Compliance Filing

The certificate was filed pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding their compliance with dematerialization processes and related depositories requirements.

Filing Details: Information
Filing Date: April 08, 2026
Quarter Covered: March 2026
Regulation: SEBI Regulation 74(5)
Exchanges: BSE and NSE

Certificate Confirmation

The compliance certificate was issued by Cameo Corporate Services Limited, which serves as the Registrar and Share Transfer Agent for Aban Offshore Limited. The certificate confirms that securities received from depository participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories.

Key confirmations in the certificate include:

  • Securities received for dematerialization were accepted or rejected as appropriate
  • All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialization have been mutilated and cancelled after due verification
  • Names of depositories have been substituted in the register of members as registered owners within stipulated time limits

Corporate Status and Filing Authority

The filing was made by Shailesh Desai, who serves as the Resolution Professional for Aban Offshore Limited. Desai holds IBBI Registration No. IBBI/IPA-001/IP-P00183/2017-18/10362 and is authorized to act on behalf of the company during the ongoing CIRP proceedings.

Authority Details: Information
Resolution Professional: Shailesh Desai
IBBI Registration: IBBI/IPA-001/IP-P00183/2017-18/10362
Company Status: Undergoing CIRP
Digital Signature Date: April 08, 2026

The submission demonstrates the company's continued adherence to regulatory requirements despite being under insolvency resolution proceedings, ensuring transparency and compliance with SEBI depositories regulations for the benefit of shareholders and market participants.

Historical Stock Returns for Aban Offshore

1 Day5 Days1 Month6 Months1 Year5 Years
-4.97%-9.68%-26.34%-59.81%-59.89%-51.67%

What is the expected timeline for completing Aban Offshore's Corporate Insolvency Resolution Process and potential outcomes for stakeholders?

How might the ongoing CIRP proceedings affect Aban Offshore's ability to maintain stock exchange listings and trading status?

What are the prospects for asset recovery or restructuring plans being proposed by potential bidders during the resolution process?

Aban Offshore Responds to BSE Query on CIRP Disclosure Timeline

1 min read     Updated on 07 Apr 2026, 11:44 PM
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Aban Offshore Limited responded to BSE's query about delayed CIRP disclosure under Regulation 30, explaining that the NCLAT order dated March 27, 2026 was only available on the tribunal website from April 06, 2026. Resolution Professional Shailesh Desai clarified that disclosure was made immediately upon order availability, maintaining no procedural delay occurred in the submission process.

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Aban Offshore Limited has issued a formal response to BSE Limited addressing queries about the timing of regulatory disclosures related to its ongoing Corporate Insolvency Resolution Process (CIRP). The company's clarification comes in response to BSE's inquiry about potential delays in disclosure under Regulation 30.

Company's Response to BSE Query

The company explained that the delay in disclosure was due to the availability of the relevant NCLAT order rather than any procedural oversight. According to the response, the Hon'ble NCLAT order dated March 27, 2026 was only uploaded to the NCLAT website on April 06, 2026.

Parameter: Details
NCLAT Order Date: March 27, 2026
Website Upload Date: April 06, 2026
Disclosure Date: April 06, 2026
Response Date: April 07, 2026

Resolution Professional's Statement

Shailesh Desai, serving as the Resolution Professional for Aban Offshore Limited, emphasized that the disclosure was made to stock exchanges immediately upon the order becoming available. Desai holds IBBI Registration No. IBBI/IPA-001/IP-P00183/2017-18/10362 and digitally signed the response on April 07, 2026.

The company maintained its position that no delay occurred in the submission process, stating that the disclosure timeline was directly linked to when the NCLAT order became accessible through official channels. The response was submitted through BSE's Listing Centre, addressing the exchange's concerns about compliance with regulatory disclosure requirements.

Current Corporate Status

Aban Offshore Limited continues to operate under the Corporate Insolvency Resolution Process, with all communications being handled by the appointed Resolution Professional. The company's response demonstrates ongoing compliance efforts with stock exchange regulations despite the complex operational circumstances of the insolvency proceedings.

Historical Stock Returns for Aban Offshore

1 Day5 Days1 Month6 Months1 Year5 Years
-4.97%-9.68%-26.34%-59.81%-59.89%-51.67%

What potential resolution outcomes could emerge from the NCLAT order for Aban Offshore's creditors and stakeholders?

How might this disclosure timing controversy affect investor confidence in companies undergoing CIRP proceedings?

Will BSE consider revising disclosure requirements for companies operating under insolvency resolution processes?

More News on Aban Offshore

1 Year Returns:-59.89%