June 23, 2017
A step-down subsidiary of the Company has entered into a contract with Brunei Shell Petroleum Company Sdn Bhd for the deployment of the jack-up rig Deep Driller 5 (“DD5”) offshore Brunei Darussalam for a firm period of 5 years followed by 3 optional periods of one year each. The deployment is likely to commence during the last quarter of calendar year 2017.
May 12, 2017
A Meeting of Board of Directors of the Company will be held on Monday, the 29th May 2017 at the Registered Office of the Company at “ Janpriya Crest ” 113, Pantheon Road, Egmore, Chennai 600 008 to consider and approve the following agenda :
1. Audited quarterly standalone and consolidated financial results for the period ended 31st March 2017.
2. Audited Financial Results for the year ended 31st March 2017.
3. Closure of Register of Members and Share Transfer Book(s) of the Company.
The Board will also consider raising of long term funds through issue of FCCBs, ADRs, GDRs and issue of equity related securities, etc. to Qualified Institutional Buyers, subject to approval of members at the ensuing Annual General Meeting of the Company. This is only a renewal resolution.
Since the Company is publishing Audited financial results for the last quarter, the unaudited quarterly results will not be published.
Further, the trading window will be closed from May 15, 2017 to May 29, 2017 (both days inclusive) in connection with the approval of the audited financial results and shall reopen after the expiry of the 48 hours from the time of publication of results.
May 26, 2017
There will be an Analyst / Investors call on the financial results for the fourth quarter and year ended 31st March 2017, on May 29, 2017 at 04:30 pm (IST), Please click here to view the attachement version.
June 23, 2017