Aban Offshore to raise Rs 194 cr via private placement

New Delhi, Mar 10 (UNI) Aban Offshore Ltd today said its Board has considered the proposal to raise funds by issue of Preference Shares up to Rs 194 crores.

The funds will be raised in one or more tranches, on private placement basis, said in a statement.

A committee has been formed to consider the proposal and do the necessary acts as may be required in this regard.

UNI PBB SG DB1307