ABANNSEAban Offshore Limited· Oil Exploration/ProductionHighNegative
Announced Wed, 12 Nov, 2025 · 17:48 IST
Aban Offshore files creditor list under insolvency process
Price reaction
Awaiting price reaction for this filing.
AI summary
Aban Offshore, currently in Corporate Insolvency Resolution Process, has filed its list of creditors as of 12 November 2025. Total claims exceed Rs 53,000 crore across all categories. SBI has the largest claim at about Rs 1.60 lakh crore, followed by ICICI Bank, Punjab National Bank, and Axis Bank. Nearly half the claims are still under verification. An interim resolution professional is managing the process.
Likely market impact
Company is in insolvency resolution. Shareholders face high risk of dilution or wipeout as creditors take priority over equity in any resolution plan.