Disclosure pursuant to Reg 57 of LODR Regulations 2015.

Aban Offshore has disclosed that Non-Convertible Redeemable Preference shares worth Rs.281 crores (including Rs.20 crores of unlisted shares) remain unredeemed since 2014 and are under suspension. This means the company has failed to repay preference shareholders for over a decade. The filing is a mandatory disclosure under SEBI's listing rules regarding defaults on securities. It signals ongoing financial distress and unresolved obligations to a set of investors.