News Details

( 14 Nov 2019)
Asian Oilfield S - Financial Results For Quarter And Half Year Ended 30Th September, 2019

The Board of Directors of the Company in its meeting held today i.e. 14th November, 2019 have considered and approved inter alia:

1. The un-audited standalone and consolidated Financial Results for the quarter and half year ended 30th September, 2019;

2. To enter into a Share Purchase Agreement for acquisition of additional 51% of Equity Share Capital of Optimum Oil & Gas Private Limited, Indian Company (Joint Venture) from its existing shareholder;

3. To take note of grant of 3,80,744 stock options under the Asian Oilfield Services Limited Employee Stock Option Plan 2019 ('AOSL ESOP 2019') at an exercise price of Rs.80/- per stock option.

The extract of the Financial Results are also being published in the newspapers.

The meeting of the Board of Directors of the Company commenced at 3.30 p.m. and concluded at 6.45 p.m.

Kindly take the same on record.