GTOFFSHORE

Members of the Exchange are hereby informed that trading in the equity shares of GOL Offshore Limited will be suspended w.e.f. July 19, 2017 (i.e. closing hours of trading on July 18, 2017) pursuant to order dated May 05, 2017 passed by the Hon ble High Court, Bombay in C.P no. 756 of 2014 on the recommendation of Official Liquidator attached to this Hon ble court has been appointed as the Provisional Liquidator of M/s. GOL Offshore Limited

Significant increase in price has been observed in GOL Offshore 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. GOL Offshore Limited has submitted their response.

Significant increase in price has been observed in GOL Offshore 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.

GTOFFSHORE:The Exchange had sought clarification from GOL Offshore Limited with respect to announcement dated 08-May-2017, stating that the Hon ble High Court of Bombay, vide its order dated May 5, 2017, has issued directions for (i) admission of petitions for winding-up of the Company, filed by Export Import Bank of India and Punjab National Bank (International) Limited and (ii) appointment of Official Liquidator as Provisional Liquidator. ". On basis of above the Company is required to clarify following: 1. Reasons for such a reference/petition;2. Impact of such reference/petition on listed

GTOFFSHORE:The Exchange has sought clarification from GOL Offshore Limited with respect to announcement dated 08-May-2017, stating that the Hon ble High Court of Bombay, vide its order dated May 5, 2017, has issued directions for (i) admission of petitions for winding-up of the Company, filed by Export Import Bank of India and Punjab National Bank (International) Limited and (ii) appointment of Official Liquidator as Provisional Liquidator. ". On basis of above the Company is required to clarify following: 1. Reasons for such a reference/petition;2. Impact of such reference/petition on listed

The Exchange has sought clarification from GOL Offshore Limited with respect to announcement dated May 06, 2016 regarding Update on Strategic Debt Restructuring. On basis of above, the reply from the Company is awaited.

The Exchange has sought clarification from GOL Offshore Limited with respect to announcement dated May 06, 2016 regarding Update on Strategic Debt Restructuring. On basis of above, Company is required to clarify the following : 1. Brief details of change in shareholding pattern (if any)of all entities; 2. Quantitative and/ or qualitative effect of restructuring; 3. Details of benefit, if any, to the promoter/promoter group/group companies from such proposed restructuring; The reply from the Company is awaited.

Spurt in Volume : Substantial increase in trading volumes have been observed in GOL Offshore 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. GOL Offshore Limited has vide its letter inter-alia stated," We do not have any information in our possession which in our opinion may have a bearing on the price / volume behavior in the scrip of the Company."

Spurt in Volume : Substantial increase in trading volumes have been observed in Great Offshore 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. Great Offshore Limited has vide its letter inter-alia stated, "We would like to inform that there is no price sensitive information/announcement including pending information related to our Company."

Great Offshore Limited has informed the Exchange vide its letter dated May 23, 2012 that: "With reference to the news item appearing in today's issue of a leading financial daily, we would like to clarify that the Company has no information of any move on part of the lenders to seek Corporate Debt Restructuring, neither the Company has any intention for seeking the CDR route. As per the company's corporate governance practices, we do not comment on any market speculative reports / articles. Any developments in the Company would be informed to the Stock Exchanges in compliance with applicable l

Great Offshore Limited has informed the Exchange vide its letter dated December 27, 2011, that "With reference to the recent news items appearing in a leading financial daily regarding 'Great Offshore Limited is likely to go for corporate debt restructuring in coming months', we would like to clarify that the company has no intention for seeking the CDR route. As per the company's corporate governance practice, it does not comment on any market speculative reports / articles. Any developments in the Company would be informed to the Stock Exchanges in compliance with applicable laws.

News Verification : The media had reports on November 22, 2008 that Mr.Vijay Sheth may dilute his stake in the company. 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, "The Company hereby states that there is no change in the promoter shareholding, as per Company's record since the last intimation sent in this regard dated 24th October, 2008. In adheren

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.