Operations

1.10.2009:

• This is to inform that the Drillship Aban Abraham owned by the wholly owned subsidiary has commenced its drilling operations
• Further we wish to inform that Hardy Exploration & Production (India) Inc has extended the contract for utilization of Floating Production Unit – Tahara for a further period of one year at USD 49,000 per day. The Operations would commence after completion of repair works in Tahara

16.10.2009:-

• This is to inform that a Meeting of Board of Directors of the Company will be held on Monday, the 26th October 2009 at 12.30 P M at the Registered Office of the Company to transact the following items
  • 1) To consider and take on record the Unaudited Quarterly Standalone Financial Results of the Company for the period ended 30th September 2009
  • 2) To consider and take on record the Unaudited Quarterly Consolidated Financial Results of the Company for the period ended 30th September 2009
• Kindly take the information on record

31.10.2009:-

• The Committee today allotted 6560 ( Six Thousand Five Hundred and sixty only) Equity Shares of Rs.2/- each under Employee Stock Options Scheme (ESOS 2005)

22.12.2009:-

• Sinvest AS, a wholly owned subsidiary of the Company, has redeemed the bonds having a principal amount aggregating to Norwegian Kroner(NOK) 1 billion (equivalent to Rs.800 Crore) alongwith accrued interest, on the due date (i.e.) 22nd December, 2009

30.12.2009:-

• SUB: CARE rating for Non convertible Cumulative Redeemable Preference Shares of Rs.150 Crs, Rs.156 Crores and Rs.20 Crores issued by the Company: Credit Analysis & Research Ltd. (CARE) has revised the ratings for the Cumulative Non-Convertible Redeemable Preference Shares (CRPS) issued by the Company. The revised ratings stand at ‘CARE BBB- (RPS)’ [TRIBLE B Minus (Redeemable Preference Shares)]