Global Offshore Services Ltd

This is to inform that at the meeting of the Board of Directors of the Company held today the following matters were considered and approved:1] Subject to the approval of the Shareholders Central Government Stock Exchange and such other requisite authorities to change the name of the Company.a] from Global Offshore Services Ltd. to Garware Offshore Services Limited or such other name as may be approved and granted by the Registrar of Companies Mumbai; andb] make consequential amendments to Memorandum and Articles of Association of the Company for the above.2] Apply for the re-listing of Equity Shares of the Company on National Stock Exchange of India Limited (NSE) subject to requisite approval(s) wherever required.3] Setting up of three (3) new Wholly Owned Subsidiaries (WOS) by the Company to rejig operations as a long-term strategy.