GLOBOFFS

Significant increase in price has been observed in Global Offshore Services Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Global Offshore Services Limited has submitted their response.

Significant movement in price has been observed in Global Offshore Services Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

GLOBOFFS: The Exchange had sought clarification from Global Offshore Services Limited with respect to announcement dated 16-Jun-2017, regarding Outcome of Board Meeting held on Jun 16, 2017. The following resolutions were passed : 1. Cessation of Mr.Ashok B. Garware as Executive Chairman w.e.f. closing hours of 30th June, 2017 and continues to act as "Non-Executive Chairman" of the Company. 2. Resignation of Mr.Niladri Sengupta as CFO of the Company w.e.f. closing hours of 30th June, 2017. 3. Appointment of Mr.Niladri Sengupta as an Additional Director and Whole Time Director subject to the ap

GLOBOFFS:The Exchange has sought clarification from Global Offshore Services Limited with respect to announcement dated 16-Jun-2017, regarding Outcome of Board Meeting held on Jun 16, 2017. The following resolutions were passed : 1. Cessation of Mr.Ashok B. Garware as Executive Chairman w.e.f. closing hours of 30th June, 2017 and continues to act as "Non-Executive Chairman" of the Company. 2. Resignation of Mr.Niladri Sengupta as CFO of the Company w.e.f. closing hours of 30th June, 2017. 3. Appointment of Mr.Niladri Sengupta as an Additional Director and Whole Time Director subject to the app

GLOBOFFS:The Exchange has sought clarification from Global Offshore Services Limited with respect to announcement dated 30-May-2017, regarding Outcome of Board Meeting held on May 30, 2017. 1. Adoption of Audited Annual Financial Results for the quarter and year ended 31st March, 2017; and 2. Appointment and payment of remuneration to Statutory Auditors - M/s.D.Kothary & Co., Chartered Accountants subject to shareholders approval at the ensuring Annual General Meeting of the Company. On basis of above the Company is required to clarify following: 1. Date of appointment/cessation (as applicable

GLOBOFFS:The Exchange has sought clarification from Global Offshore Services Limited with respect to announcement dated 30-May-2017, regarding Outcome of Board Meeting held on May 30, 2017. 1. Adoption of Audited Annual Financial Results for the quarter and year ended 31st March, 2017; and 2. Appointment and payment of remuneration to Statutory Auditors - M/s.D.Kothary & Co., Chartered Accountants subject to shareholders approval at the ensuring Annual General Meeting of the Company. On basis of above the Company is required to clarify following: 1. Date of appointment/cessation (as applicable

GLOBOFFS:The Exchange had sought clarification from Global Offshore Services Limited with respect to announcement dated 02-Feb-2017, regarding the sudden repricing of contracts by the Company's clients, even though all the Company's assets are deployed on term contracts, the cash flow of the Company has been severely affected over the past few months. As a result the Company has approached its main Lender viz., State Bank of India to reschedule the loan instalments to be repaid..On basis of above you are required to clarify following -1. Estimated impact on the listed entity;2. Time of occurre

GLOBOFFS:The Exchange has sought clarification from Global Offshore Services Limited with respect to announcement dated 02-Feb-2017, regarding the sudden repricing of contracts by the Company's clients, even though all the Company's assets are deployed on term contracts, the cash flow of the Company has been severely affected over the past few months. As a result the Company has approached its main Lender viz., State Bank of India to reschedule the loan instalments to be repaid..On basis of above you are required to clarify following -1. Estimated impact on the listed entity;2. Time of occurre

News Verification : The media had reports that Global Offshore Services Limited "France's Bourbon set to acquire Global Offshore.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Global Offshore Services Limited has vide its letter inter-alia stated, "a) No negotiations are taking place between the Promoter / Company and Bourbon to acquire shares of the Company. b) The Company is not aware of any information that has not been anno

The Exchange had sought clarification from Global Offshore Services Limited with respect to a news item captioned "INDIA STAR FUND & GERMANY'S DVB BANK IN TALKS TO BUY 24% STAKE IN GLOBAL OFFSHORE". The Company has submitted to the Exchange, vide letter dated May 12, 2014 a clarification to the news.

Global Offshore Services Limited has informed the Exchange on news item in the electronic media regarding Firms being interested in Global Offshore.

The Exchange had sought clarification from Global Offshore Services Limited with respect to a news item captioned "Bourbon Top Bidder for Global Offshore". The Company has clarified that "To the best of knowledge of the Company, the news item is baseless. There are also factual errors in the said articles."

News Verification : The media had reports that Promoters and key shareholders are looking to exit the company and Promoter in talks with key shipping companies which may trigger open offer. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Global Offshore Services Limited has vide its letter inter-alia stated,"(i) the news item that appeared in "ET Now News Channel " dated February 4,2014 is "incorrect". The Promoters have no plans

Price movement : Significant price movement has been observed in Global Offshore Services Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Global Offshore Services Limited has vide its letter inter-alia stated,"There is no information/announcement (including pending announcement) which in our opinion may have a bearing on the price/volume behavior in our scrip."