So the next solution was to modify/increase the MAX EXTENTS storage clause for the lob segment .
Here is how i did it .
1) CHECKING THE LOB SEGMENT DETAILS :
select tablespace_name,segment_type,max_extents,next_extent,extents from dba_segments where segment_name='SYS_LOB0000007907C00009$$';
2) IDENTIFYING THE TABLE NAME AND COLUMN NAME :
select owner||'.'||table_name "TABLE", column_name, segment_name from all_lobs where segment_name='SYS_LOB0000007907C00009$$';
3) MODIFYING THE STORAGE CLAUSE:
alter table owner.tablename modify lob (COLUM_NAME) (storage (maxextents unlimited ) );