Aban Offshore Limited, headquartered in Chennai, is an offshore oil and gas services provider focusing on drilling operations for energy sector clients. The company is currently under a Corporate Insolvency Resolution Process, reflecting significant financial challenges and a formal restructuring overseen by a resolution professional.
The company has disclosed that Independent Director Krishnamurthy Vijayan has resigned from the board with effect from July 22, 2026. The resignation, formally communicated to BSE and NSE in line with SEBI disclosure requirements, changes the board’s independent oversight at a sensitive time in the insolvency process, though Vijayan has confirmed there are no material reasons beyond those cited in his…