GTOFFSHORE

Great Offshore Limited has informed the Exchange that: "Pursuant to resolution passed by the Board of Directors at its meeting held on July 30, 2007 and subsequent approval granted by the shareholders at the Annual General Meeting held on August 29, 2007 for issue and allotment of OCRPS, the Securities Allotment Committee of Board at its meeting held on September 7, 2007 allotted 15,00,000 (Fifteen lakh) Optionally Convertible Redeemable Preference Shares (OCRPS) of Rs.1000/- each fully paid up aggregating to Rs.150,00,000,00/- (Rupees One hundred fifty crore only) carrying a dividend rate of

Great Offshore Limited has informed the Exchange that at the Annual General Meeting (AGM) of the Company held on August 29, 2007, all the eleven resolutions proposed, as per the Notice of AGM, were passed unanimously. A copy of the Notice of AGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GToffshore_AGM_30082007.zip target=NEW> For more details click here.</a>

Great Offshore Limited has informed the Exchange that that: "At the Board Meeting held today i.e. 29th August, 2007, the Board of Directors have declared an Interim dividend of 80% i.e. Rs.8/- per equity share of face value Rs.10/- each for the financial year 2007-2008".

Great Offshore Limited has informed the Exchange that "September 10, 2007 will de the Record date for determining the shareholders eligible for payment of interim dividend declared, if any in the Board Meeting to be held on August 29, 2007".

News Verification : The media had reports on August 20, 2007 that Great Offshore Limited may acquire Norwegian offshore company PetroJack for $500 million. 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 officials of the company. Great Offshore Limited has vide its letter inter-alia stated, "With a view to business expansion, the Company is exploring various opportunities available to it in its line of business. However as of date, the Comp

News Verification : The media had reports that Great Offshore Limited may acquire Norwegian offshore company PetroJack for $500 million. 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 officials of the company. Reply is awaited from Great Offshore Limited.

Great Offshore Limited has informed the Exchange that the Annual General Meeting of the Company will be held on August 29, 2007.

Great Offshore Limited has informed the Exchange that: "At the Board Meeting held today i.e. 30th July, 2007, the following items of business were approved: 1) Increase in the investment limit by FIIs either by way of acquisition of Equity Shares under Portfolio Investment Scheme or any other permissible mode from the existing 24% of the issued and paid-up equity capital of the Company upto 49% of the issued and paid-up equity capital of the Company. 2) Offer and issue to Exim Bank of India Ltd. upto 1,500,000 redeemable preference shares of Rs 1000/- each optionally convertible into equity sh

First Carlyle Ventures Mauritius has informed the Exchange vide its letter dated July 20, 2007 that : "We have today acquired 1,902,000 equity shares constituting 4.99% of the total paid-up capital of the Company, Great Offshore Limited".

Great Offshore Limited has informed the Exchange regarding a press release, titled "Unaudited Financial Results of Q1 of FY 2007-08". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GTOFfshor_PR_19072007.zip target=NEW> For more details click here.</a>

Great Offshore Limited has informed the Exchange that: "We have been awarded a prestigious five year contract from ONGCL for our new state of the art Jackup Rig "Samed Shikhar". The approximate value of the contract is Rs 1000 crores. The contract is slated to commence on or before May 2009".

Great Offshore Limited has informed the Exchange on July 03, 2007, that: "The following items of business were approved in the Board Meeting held today: 1) Resignation of Mr K M Sheth as Chairman and Director of the Company with effect from July 3, 2007; 2) Resignation of Mr Tapas Icot as Director of the Company with effect from July 3, 2007; 3) Appointment of Mr Sevantilal J Parekh as Chairman of the Company for a period of five years; 4) Re-appointment of Mr Vijay Kantilal Sheth as Managing Director retrospectively with effect from April 1, 2007 for a period of five years".

Meltar Trading & Investment Company Pvt. Ltd. has informed the Exchange that they propose to acquire 55,00,000 Equity shares representing 14.43% of the total paid up equity Share capital of Great Offshore Limited from the following transferors: 1) Bharat K. Sheth, 2) Ravi K. Sheth, 3) Kanaiyalal M. Sheth & 4) Jyotsna K. Sheth. The mode of proposed acquisition is by way of inter se transfer of shares amongst co-promoters and the date of proposed acquisition is between June 26, 2007 and June 30, 2007. The proposed acquisition price per share is between INR 825/- and INR 900/- to be decided on t

Great Offshore Limited has informed the Exchange that: "The Share transfer books of the Company will be closed from July 2, 2007 (Monday) to July 9, 2007 (Monday) both days inclusive for the purpose of the Annual General Meeting of the Company."

Great Offshore Limited has informed the Exchange that " the Company has taken delivery of a newly built Anchor Handling Tug Supply Vessel named ' Malaviya Twenty Three' today i.e. 3rd May 2007. With the delivery of ' Malaviya Twenty Three', the Company's fleet strength now stands at 40 offshore vessels (2 Exploratory Rigs, 26 Offshore Support Vessels, 11 Harbour Tugs and a Construction Barge)".

Great Offshore Limited has submitted to the Exchange a copy of the Abstract of the terms of re-appointment of Mr. Vijay Kantilal Sheth, Managing Director and Memorandum of Interest under Section 302 of the Companies Act, 1956. A copy of the Abstract shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/greatoff_misc_050407.zip target=NEW> For more details click here.</a>

Great Offshore Limited has informed the Exchange that "At the Meeting held today (i.e.March 21, 2007) it was unanimously resolved to reappoint Mr. Vijay Kantilal Sheth as Managing Director".

Great Offshore Limited has informed the Exchange that: "At the Board Meeting held today (March 21, 2007), the Directors have declared payment of interim dividend @ Rs.8/- per share, i.e. 80% to all the shareholders of the Company whose names appear in the Register of Members on 26th March, 2007, the Record Date fixed for this purpose".

Great Offshore Limited has informed the Exchange that "Interim dividend on equity shares of the Company for the year 2006-07, if declared at the meeting of the Board of Directors at its meeting on March 21, 2007, will be paid tentatively from March 30, 2007".

Great Offshore Limited has informed the Exchange that: "Delta Housing Company Private Limited, one of the Companies forming part of the 'Promoter Group' and in which Mr. Vijay K Sheth, Managing Director holds a major stake has acquired 4,000 equity shares of Rs. 10/- each on 15th February, 2007. The shareholding of Delta Housing Company Private Limited prior to the acquisition was 3,93,272 equity shares comprising 1.03% of the paid up capital and their shareholding post acquisition is 3,97,272 equity shares comprising 1.04% of the paid up capital".

Great Offshore Limited had informed the Exchange that: "Delta Housing Company Private Limited, one of the Companies forming part of the 'Promoter Group' and in which Mr. Vijay K Sheth, Managing Director holds a major stake has acquired 20,000 equity shares of Rs. 10/- each on 29th January, 2007." The Company has now informed the Exchange that the date of acquisition should be read as 12th February, 2007 instead of 29th January, 2007.

Great Offshore Limited has informed the Exchange that: "Delta Housing Company Private Limited, one of the Companies forming part of the 'Promoter Group' and in which Mr. Vijay K Sheth, Managing Director holds a major stake has acquired 20,000 equity shares of Rs. 10/- each on 29th January, 2007. The shareholding of Delta Housing Company Private Limited prior to the acquisition was 3,73,272 equity shares comprising 0.98% of the paid up capital and their shareholding post acquisition is 3,93,272 equity shares comprising 1.03% of the paid up capital".

Great Offshore Limited has informed the Exchange that: "Delta Housing Company Private Limited, one of the Companies forming part of the 'Promoter Group' and in which Mr. Vijay K Sheth, Managing Director holds a major stake has acquired 40000 equity shares of Rs. 10/- each on 29th January, 2007. The shareholding of Delta Housing Company Private Limited prior to the acquisition was 3,33,272 equity shares comprising 0.87% of the paid up capital and their shareholding post acquisition is 3,73,272 equity shares comprising 0.98% of the paid up capital".

Great Offshore Limited has informed the Exchange that: "Delta Housing Company Private Limited, one of the Companies forming part of the 'Promoter Group' and in which Mr. Vijay K Sheth, Managing Director holds a major stake has acquired 50000 equity shares of Rs. 10/- each on 25th January, 2007. The shareholding of Delta Housing Company Private Limited prior to the acquisition was 2,83,272 equity shares comprising 0.74% of the paid up capital and their shareholding post acquisition is 3,33,272 equity shares comprising 0.87% of the paid up capital".

Great Offshore Limited has informed the Exchange that "Delta Housing Company Private Limited, one of the Companies forming part of the 'Promoter Group' and in which Mr. Vijay K Sheth, Managing Director holds a major stake has acquired 43095 equity shares of Rs. 10/- each during the period 24th January, 2007 . The shareholding of Delta Housing Company Private Limited prior to the acquisition was 2,40,177 equity shares comprising 0.63% of the paid up capital and their shareholding post acquisition is 2,83,272 equity shares comprising 0.74% of the paid up capital."

Great Offshore Limited has informed the Exchange that "Delta Housing Company Private Limited, one of the Companies forming part of the 'Promoter Group' and in which Mr. Vijay K Sheth, Managing Director holds a major stake has acquired 1,81,000 equity shares of Rs. 10/- each during the period 26th December, 2006 to 29th December, 2006. The shareholding of Delta Housing Company Private Limited prior to the acquisition was 59,177 equity shares comprising 0.16% of the paid up capital and their shareholding post acquisition is 2,40,177 equity shares comprising 0.63% of the paid up capital."

Great Offshore Limited has informed the Exchange that "the Company took delivery of a newlybuilt Anchor Handling Tug Supply Vessel named 'Malaviya Twenty Eight' on 26th December 2006. With the delivery of 'Malaviya Twenty Eight', the Company's fleet strength now stands at 39 offshore vessels (2 Exploratory Rigs, 25 Offshore Support Vessels, 11 Harbour Tugs and a Construction Barge)".

Great Offshore Limited has informed the Exchange that " At the first AGM of the Company held on 19th December, 2006 at Rama Watumull Auditorium, Kishinch and Chellarm College, Dinshaw Wacha Road, Churchgate, Mumbai- 400020 at 3:30 p.m, all the fourteen resolutions as mentioned in the notice were passed unanimously".

Great Offshore Limited has informed the Exchange that" Pursuant to Regulation 13(1) of SEBI (Prohibition of Insider Trading) Regulations, 1992, We wish to inform you that the following shareholders hold more than 5% of the total paid up capital of the Company. Name of Shareholder - Ravi Kanaiyalal Sheth; No of shares - 2661842; Percentage to paid up capital (3811841 shares) - 6.98%; Name of Shareholder - Bharat Kanaiyalal Sheth; No of shares -2598183; Percentage to paid up capital (3811841 shares) - 6.82%. Pursuant to Regulation 13(2) of SEBI (Prohibition of Insider Trading) Regulations, 1992,