Aban Offshore allots 24708 Equity Shares pursuant to conversion of FCCBs

Aban Offshore Ltd has announced that the Company has received Notice for conversion of Bonds of an amount aggregating to JPY 180,000,000 (18 Foreign Currency Convertible Bonds of face Value of JPY 10,000,000/- each). Accordingly as per the terms of Offering Circular dated March 31, 2006, the Company on November 14, 2007 allotted 24708 Equity Shares of Rs 2/- each fully paid.

Source : Equity Bulls

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