APPOINTMENT OF SECRETARIAL AUDITORS
Awaiting price reaction for this filing.
Aban Offshore's Board of Directors, on May 28, 2025, approved the appointment of M/s G Ramachandran & Associates, a Chennai-based firm of Practising Company Secretaries, as the company's Secretarial Auditors. The appointment covers a five-year period spanning FY 2025-26 to FY 2029-30, and is subject to shareholder approval at the upcoming Annual General Meeting. The decision was made on the recommendation of the Audit Committee. The firm, led by Mr. G Ramachandran, has been associated with the company for over two decades and has confirmed it is not disqualified under ICSI or SEBI regulations.
This is a routine regulatory compliance appointment with no material impact expected on the stock price or operations. It ensures the company continues to meet SEBI's secretarial audit requirements for the next five years.