Revised Notice for the Financial Year 2024-25 for convening the 39th Annual general Meeting (AGM) of the Company.

Date: 22.10.2026 BSE Ltd National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor 21st Floor, Plot No :: C/1 G Block Dalal Street Bandra – Kurla Complex Mumbai 400 001. Bandra (E),Mumbai 400 051 Scrip Code :: 523204 Symbol :: ABAN Through :: BSE Listing Centre Through :: NEAPS Dear Sir/Madam, Sub: Revised Notice for the Financial Year 2024-25 for convening the 39th Annual general Meeting (AGM) of the Company. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the revised Notice convening the 39th Annual General Meeting of the Company, scheduled to be held on Monday, 16th November 2026 at 10:15 A.M. through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Annual Report containing the AGM Notice is also uploaded on the Company’s website www.abanoffshore.com This is for your kind information and records. Yours Faithfully, For Aban Offshore Limited (Undergoing CIRP) Shailesh Desai Resolution Professional IBBI Registration No. IBBI/IPA-001/IP-P00183/2017-18/10362 Encl :a/a Aban Offshore Limited Registered Office ‘Janpriya Crest’ 113, Pantheon Road, Egmore, Chennai 600 008. NOTICE TO MEMBERS The Hon’ble National Company Law Tribunal (“NCLT”), Chennai Bench, vide order dated 1st September 2025 (“Insolvency Commencement Order”) has initiated Corporate Insolvency Resolution Process (“CIRP”) based on an application filed by Punjab National Bank under Section 7 of the Insolvency and Bankruptcy Code, 2016 (“the Code”). Mr. Shailesh Desai, having IP Registration No. IBBI/IPA-001/IP-P00183/2017-18/10362, was appointed as Interim Resolution Professional (“IRP”) vide NCLT order dated 10th October 2025 to manage the affairs of the Company in accordance with the provisions of the Code. At the first meeting of the Committee of Creditors, Mr. Shailesh Desai was confirmed as Resolution Professional (“RP”/“Resolution Professional”) for the Company. Pursuant to the Insolvency Commencement Order and in line with the provisions of the Code, the powers of the Board of Directors were suspended and the same are to be exercised by the RP. Hence, this meeting is being convened by the Resolution Professional only to the limited extent of discharging the powers of the Board of Directors of the Company which are conferred upon him in terms of the provisions of Section 17 of the Code. Notice is hereby given that the Thirty Nineth Annual General Meeting of the members of Aban Offshore Limited will be held on Monday the 16th November 2026 at 10.15 A.M. to transact the following business:/ through Video Conferencing (“VC”) Other Audio Visual Means (“OAVM”). ORDINARY BUSINESS 1. To receive, consider and adopt the Audited Stand-alone and Consolidated Financial Statements for the Financial year ended 31st March 2025 together with report of Board of Directors and Auditors thereon. 2. To appoint a Director in place of Mr. C.P. Gopalkrishnan (DIN: 00379618) who retires by rotation and being eligible offers himself for reappointment. SPECIAL BUSINESS 3. To consider and approve the continuation of Mr. P. Venkateswaran (DIN:00379595) as Non-Executive Non- Independent Director beyond the age of 75 years as a Special Resolution. “RESOLVED THAT pursuant to Regulation 17(1A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, other applicable provisions, if any, of the Companies Act, 2013 and the applicable Rule(s)/ Regulation(s) made thereunder, including any amendment(s), statutory modification(s) and/or re-enactment thereof for the time being in force, consent of the Members be and is hereby accorded for continuation of Mr. P. Venkateswaran (DIN:00379595) as a Non-Executive Non-Independent Director of the Company till the completion of his tenure. “RESOLVED FURTHER THAT the Board of Directors and Company Secretary of the Company be and is hereby authorized to do all such acts, deeds and things as may be deemed necessary to give effect to this resolution.” 4. To consider and appoint the Secretarial auditor for a period of five consecutive years as an Ordinary Resolution. “RESOLVED THAT as recommended by the Audit Committee M/s. G. Ramachandran & Associates, Company Secretaries, Chennai be and is hereby appointed as Secretarial Auditor of the Company for carrying out Secretarial Audit for a five consecutive years from the financial year 2025-26 to 2029-30 at remuneration as may be agreed between the Secretarial Auditor and the Board or any Committee thereof.” Note: Followed by the 39th AGM, 40th AGM will be held at 11.30 A.M (IST) or after the conclusion of the 39th AGM, either immediately or after an interval of 30 minutes through Video Conferencing (“VC”) Other Audio Visual Means (“OAVM”). For Aban Offshore Limited (In CIRP) Sd/- Shailesh Desai Place : Mumbai Resolution Professional Date : 14th August, 2026 IP Reg. No: IBBI/IPA-001/IP-P00183/2017-18/10362 Aban Offshore Limited (undergoing CIRP) Notes Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (as amended), 1. Pursuant to General Circular No. 09/2024 dated and the Circulars issued by the Ministry of Corporate September 19, 2024 issued by the Ministry of Affairs from time to time, the Company is providing the Corporate Affairs (MCA), circular no. SEBI/HO/CFD/ facility of remote e-Voting to its Members in respect CFDPoD-2/P/CIR/2024/133 dated October 3, 2024 of the business to be transacted at the AGM. For this issued by SEBI (“SEBI Circular”) and other applicable purpose, the Company has entered into an agreement circulars and notifications issued (including any with National Securities Depository Limited (NSDL) statutory modifications or re-enactment thereof for for facilitating voting through electronic means, as the the time being in force and as amended from time to authorised agency. The facility of casting votes by a time), companies are allowed to hold the AGM through member using the remote e-Voting system as well as Video Conferencing (VC) or Other Audio Visual e-voting on the date of the AGM will be provided by Means (OAVM), without the physical presence of NSDL. members at a common venue. In compliance with the provisions of the Companies Act, 2013 (“Act”), SEBI 6. In line with the Ministry of Corporate Affairs (MCA) (Listing Obligations and Disclosure Requirements) Circular No. 17/2020 dated April 13, 2020, the Notice Regulations, 2015 (“SEBI Listing Regulations”) and calling the AGM has been uploaded on the website the MCA Circulars, the 39th AGM of the Company of the Company at www.abanoffshore.com. The is being held through VC/OAVM on Monday, Notice can also be accessed from the websites of 16th November, 2026 at 10.15 a.m. (IST) The deemed the Stock Exchanges i.e. BSE Limited and National venue for the 39th AGM shall be the registered office Stock Exchange of India Limited at www.bseindia.com of the Company. and www.nseindia.com respectively, and the AGM Notice is also available on the website of NSDL 2. Pursuant to Circular No. 14/2020 dated April 08, 2020 (agency for providing the Remote e-Voting facility) i.e. issued by the Ministry of Corporate Affairs, the facility to www.evoting.nsdl.com. appoint a proxy to attend and cast vote for the members is not available for this AGM. However, Body Corporates 7. Pursuant to MCA and SEBI Circulars, the Notice of are entitled to appoint authorised representatives to the AGM is being sent only through electronic mode to attend the AGM through VC/OAVM, participate thereat those Members whose email addresses are registered and cast their votes through e-voting. with the Company/Depositories. The Annual Report for the year 2024-25 was already sent to members on 3. The Members can join the AGM in the VC/OAVM 20th August 2025. mode 15 minutes before and after the scheduled time of the commencement of the Meeting by following 8. Members who are holding shares in physical form are the procedure mentioned [Showing first 8,000 characters — download PDF for full document]