Reasons for Delayed/Non-submission of Financial Results

13.08.2026 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 Scrip Code :: ABAN Through :: BSE Listing Centre Through :: NEAPS Respected Sir / Madam, Sub: Reasons for delay in submission of Financial Results for the quarter ended June 30, 2026 Dear Sir/Madam, With reference to your email dated 12th August,2026 asking for reason for delay in submission of Financial Results for the quarter ended 30th June, 2026, we hereby submit our reply: The Company is undergoing the 'Corporate Insolvency Resolution Process (CIRP) under the provisions of the 'Insolvency and Bankruptcy Code, 2016'. Due to the commencement of the CIRP and changes in management and financial reporting processes, additional time was required for collation, verification, and reconciliation of the Company's financial and accounting records, including transactions and balances prior to the CIRP. As a result, the finalization of the financial statements for the year ended March 31, 2026, also required additional time. The said Financial Results have now been finalized and are expected to be submitted to the Stock Exchange(s) within the next two-three working days, upon completion of the necessary formalities. The delay in finalization of the March 2026 financial results, and the consequential completion of the related closing balances and reconciliations, has also impacted the preparation and finalization of the Financial Results for the quarter ended June 30, 2026. Further, the Auditors are required to complete the necessary review procedures and obtain the required information, explanations, and supporting documents before finalization of the June 2026 Financial Results. The Company is making all necessary efforts to complete the pending process and submit the financial results for the quarter ending June 30, 2026, at the earliest. This is for your information and record. Yours Faithfully, For Aban Offshore Limited (Undergoing CIRP) Shailesh Desai Resolution Professional IBBI Registration No. IBBI/IPA-001/IP-P00183/2017-18/10362