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ABG Shipyard Ltd (Parent)
4th / 5th Floor
Bhupati Chambers, 13, Mathew Road
Phone: +91 2266563000p:+91 2266563000 MUMBAI, 400004  India Fax: +91 2223649236f:+91 2223649236
Filed for Bankruptcy on 4/25/2019
On 7/24/2017, ABG Shipyard Ltd announced that its Lenders had filed a petition against the Company with The National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.
On 8/1/2017, the National Company Law Tribunal, Ahmedabad Bench, admitted the Insolvency Petition filed against ABG Shipyard Ltd by creditor ICICI Bank Ltd. Sundaresh Bhat of BDO India was appointed as the Interim Resolution Professional for the Company.
On 2/22/2019, the Committee of Creditors approved the Liquidation of ABG Shipyard Ltd under the applicable provisions of the Insolvency and Bankruptcy Code 2016.
On 4/25/2019, The National Company Law Tribunal (NCLT) ordered liquidation of ABG Shipyard.
Sundaresh Bhat was appointed as the liquidator.
Business Summary
ABG Shipyard Limited is a shipbuilding and ship repair company. The Company is engaged in building of ships and floating structures. Its product range includes 102M Side Loader/Newsprint/Container Ship, 83.5M DP2 Diesel Electric Propulsion Diving Support Vessel, 26 Metre High Speed Aluminium Interceptor Vessel, 47M 80 ton Bollard Pull MPV, 60.8M DP1 (Dynamic Positioning) Diving Support Vessel, 56 M Well Test/DP2 Supply Vessel, 50 M Well Test/Supply Vessel, 50 T Azimuthing Stern Drive Bollard Pull Tug, 60.8 M. Anchor Handling Tug/Supply Vessel, 49.5M Multiutility Vessel, 77.9M 2250 DWT Mini Bulk Carrier, 80M 2500 DWT Self Loading/Unloading Bulk Cement Carrier and 4000 DWT Self Loading/Unloading Bulk Cement Carrier. It builds specialized vessels, such as interceptor boats, self-loading and discharging bulk cement carriers, floating cranes, articouple tugs and flotilla, split barges, bulk carriers, newsprint carriers and offshore supply vessels.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20183/31/2016Yes----

Industries
SIC Code Description
3731 Ship building and repairing

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Non-Independent Chairman of the Board RishiAgarwal 48 6/10/2008 2/11/1989
Chief Financial Officer HasmukhDaftary 12/18/2014 12/18/2014
Executive Director DhananjayDatar 51 1/1/2014 7/29/2011
5 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 96,837,000 (As of 3/31/2018)
Shareholders: 23,173
Fax Number: +91 2223649236


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Tuesday, August 29, 2023