Aban Offshore allots 4118 Equity shares pursuant to conversion of FCCBs

Aban Offshore Ltd has announced that the Company has received Notices for conversion of Bonds of an amount aggregating to JPY 30,000,000 (3 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 February 19, 2008 allotted 4118 Equity Shares of Rs 2/- each fully paid.

Source : Equity Bulls

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