GLOBAL OFFSHORE SERVICES LTD.-$

Garware Offshore Services Ltd has filed its Annual Report for the fiscal year 2025-26, as per SEBI regulations. The report includes the Notice for the Annual General Meeting scheduled for September 24, 2026. The company operates Offshore Support Vessels (OSVs) chartered to Oil Exploration and Production (E&P) companies. The report details the company's fleet of 3 OSVs (1 Platform Supply Vessel and 2 Anchor Handling Tug Cum Supply Vessels). It also provides an industry analysis, highlighting a transition in the OSV market with tight supply and steady growth, a global market valued at approximately $30 billion in 2026, and a projected CAGR of 6.5% to 7.7%. India's OSV market is expected to reach USD 2.06 billion by 2034. The report touches upon the impact of recent global conflicts on the offshore industry.

Garware Offshore Services Ltd has received trading approval from BSE Limited for 27,000 equity shares of Rs. 10 each, issued at a premium of Rs. 82 per share. These shares, bearing distinctive numbers from 30743444 to 30770443, were issued to non-promoters on a preferential basis following the conversion of warrants. The approval was granted via e-LETTER No. LOD/PREF/JW/304/2026-2027 dated August 21, 2026. The company was formerly known as Global Offshore Services Limited.

Garware Offshore Services Ltd announced that one of its vessels has commenced operations under a four-year charter agreement, with an option for a further one-year extension. This follows a Letter of Award previously communicated to the exchange. The vessel began its charter on August 17, 2026. This update confirms the operational commencement of a significant contract, contributing to the company's revenue stream and operational utilization.

Garware Offshore Services Limited has received listing approval from BSE for 27,000 equity shares of Rs. 10 each, issued at a premium of Rs. 82 each. These shares, bearing distinctive numbers from 30743444 to 30770443, were issued to non-promoters on a preferential basis following the conversion of warrants. The approval is for listing on the BSE, with the reference letter dated August 11, 2026, and the company's intimation dated August 12, 2026. This corporate action pertains to the issuance of new equity shares and their subsequent listing.

Garware Offshore Services Ltd. announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors took on record the financial results along with the limited review report from the statutory auditors. The company also announced that its 48th Annual General Meeting will be held on September 24, 2026, via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The board meeting commenced at 12:15 p.m. and concluded at 3:20 p.m.

Garware Offshore Services Ltd has announced that its Board of Directors will convene on August 10, 2026. The primary agenda item for this meeting is to consider and approve the un-audited financial results for the quarter and year ended June 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for stakeholders regarding the company's financial performance.

Garware Offshore Services Ltd announced that its Shares/Warrants Allotment Committee has allotted 27,000 equity shares upon the conversion of warrants by non-promoters. Following this conversion, the company has no outstanding warrants left for conversion into equity shares. This action signifies the completion of warrant conversions and a potential increase in the company's public float.

Garware Offshore Services Ltd has announced the shifting of its registered office effective June 22, 2026. The new registered office will be located at A-304, Naman Midtown, Senapati Bapat Marg, Prabhadevi (West), Mumbai — 400013. This change follows a circular resolution passed by the Board of Directors on June 19, 2026. The previous registered office was at 3rd Floor, Prospect Chambers, D. N. Road, Fort, Mumbai - 400001.

Garware Offshore Services Ltd has received a Letter of Award (LOA) for the charter of one of its vessels for a period of four years, with an option for a one-year extension. The annual contract value is approximately INR 31.00 crores. The LOA is contingent upon the final execution of a Charter Party Agreement. This award signifies a significant business win for the company, securing a substantial revenue stream over the next four to five years.

Garware Offshore Services Ltd. announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. For Q4 FY26, the company reported a consolidated net loss of ₹508.73 Lakhs on a revenue of ₹3,274.96 Lakhs. The standalone net loss for the same period was ₹1,172.96 Lakhs with revenue at ₹3,572.49 Lakhs. Exceptional items in consolidated results included interest written off and a gain on debt settlement. The company also noted a one-time increase in depreciation by ₹144 Lakhs in Q4 due to prior short provisions and a forex loss of ₹173 Lakhs on a USD loan due to INR weakening.