Intimation regarding cancellation of submission of Audited fincanicial results for the quarter/year ended March 2026 on 28th May,2026
Awaiting price reaction for this filing.
Aban Offshore Limited, currently under Corporate Insolvency Resolution Process (CIRP) per NCLT order dated 11th September 2025, has informed exchanges that it cannot submit audited financial results for Q4 and year ended 31st March 2026 as scheduled on 28th May 2026. The Resolution Professional stated that preparation of financial statements is still in progress, requiring additional time for compilation, verification, and reconciliation of financial data from both physical and electronic sources. The company apologized for the delay and committed to submitting results once complete and reconciled information is available.
The delay in financial reporting, combined with the company being under CIRP, signals serious financial distress. Shareholders should note that the company is under insolvency proceedings and trading in this stock may remain suspended or face significant risks.