ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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In the Capital Market

ABAN LOYD CHILES OFFSHORE, an Indian offshore drilling company with two fully operational jack-up rigs, is coming to the market with a public issue of 11,28,600 equity shares of Rs 10 each at par to raise a part of the finance re-quired for its Rs 19.14 crore project. Aban Loyd's promoters are Aban Con-structions, (Madras) which has ex-perience in onshore drilling operations and Asian Techs (Cochin). The company has financial and technical collaboration with India Offshore, a subsidiary of Chiles Alexander Offshore, a leading American offshore drilling company

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