Aban Offshore Board to recommend dividend

Aban Offshore Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 21, 2007, inter alia, to transact the following:

1. To consider and approve the Audited Accounts for the year ended March 31, 2007.

2. To consider recommendation of Dividend on Preference and Equity Shares for the year 2006-2007.

3. To consider closure of Register of Members and Share Transfer Book(s) of the Company.

4. To consider an extension of period for the resolution passed in connection with the issuance of Foreign Currency Convertible Bonds.

Source : Equity Bulls

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