Announced Mon, 29 Jun · 16:47 IST

Reply on secretarial audit delay; CIRP stay cited

Sebi PenaltyNclt Insolvency AdmittedCourt Stay ObtainedRegulatory & Legal View source PDF

ABAN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+4.9%1-day move

₹13.18

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+4.9+10.2+15.6+20.2+14.0+2.9+15.7———

Up moveDown movePending

AI summary

Aban Offshore replies to an NSE/BSE notice levying a fine for not submitting the Secretarial Compliance Report under SEBI LODR Regulation 24(A). The company says CIRP was admitted by NCLT Chennai on 1 September 2025, then stayed by NCLAT Chennai on 21 January 2026. Due to the stay, the FY 2024-25 AGM was not held, so the Secretarial Auditor was not appointed and the report could not be filed. The company requests the penalty to be waived and will submit the report after the AGM is held.

Likely market impact

Penalty outcome pending; CIRP status and ongoing stay continue to delay regulatory compliance. No immediate operational impact disclosed.