Garware Offshore Services
41.30
-1.25(-2.94%)
Market Cap₹126.96 Cr
PE Ratio-23.51
Company Performance:
1D-2.94%
1M-13.96%
6M-35.36%
1Y-49.09%
5Y+393.43%
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More news about Garware Offshore Services
18Feb 26
Global Offshore Services Ltd. Changes Name to Garware Offshore Services Limited
Global Offshore Services Ltd. has officially changed its name to Garware Offshore Services Limited, effective February 18, 2026, following approval from the Ministry of Corporate Affairs. The company notified BSE under Regulation 30 of SEBI regulations, with the name change not affecting stakeholder rights and liabilities. The company must display both old and new names for two years during the transition period.
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20Jan 26
Global Offshore Services Ltd. Receives BSE Approval for Name Change to Garware Offshore Services Limited
Global Offshore Services Ltd. announced on January 20, 2026, that it has received in-principle approval from BSE Limited to change its name to Garware Offshore Services Limited. The disclosure was made under SEBI Regulation 30, with the company trading on BSE under scrip code 501848. The approval represents a key step in the company's corporate restructuring process, though additional regulatory formalities remain to be completed.
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06Jan 26
Global Offshore Services Issues Postal Ballot for Name Change to Garware
Global Offshore Services has formally initiated the postal ballot process for its proposed name change to Garware Offshore Services Limited, with e-voting scheduled from January 8-February 6, 2026. The company has obtained regulatory no-objection and seeks to revert to its former name to better reflect its current India-focused operations.
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17Dec 25
Global Offshore Services Shareholders Approve Aditya Garware as New CMD
Global Offshore Services Limited has successfully completed its postal ballot process with shareholders providing unanimous approval for Aditya A. Garware's appointment as Chairman and Managing Director. The scrutinizer's report shows 100% votes in favor from 113 members representing 1,09,78,865 valid votes, demonstrating exceptional shareholder confidence in the leadership transition.
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01Dec 25
Global Offshore Services Secures Rs. 25 Crore Vessel Contract
Global Offshore Services Limited (GOSL) has secured a term contract for one of its Platform Supply Vessels (PSV). The contract has a firm duration of 90 days with multiple extension options, set to commence in December 2025. The estimated annual value of the contract is Rs. 25.00 crores, potentially boosting GOSL's revenue stream in the coming year. This development is significant for GOSL's operations and financial stability in the dynamic offshore services sector.
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28Oct 25
Global Offshore Services Appoints Aditya Garware as Chairman and Managing Director
Global Offshore Services Ltd. (GOSL) has appointed Mr. Aditya A. Garware as the new Chairman and Managing Director, effective November 1, 2025. In Q2 FY2026, GOSL reported a consolidated revenue of ₹695.92 lakhs, down 6.14% YoY, but turned a profit with ₹18.31 lakhs net profit compared to a loss in the previous year. The company secured a new contract for its recently acquired vessel and converted 35,000 warrants into equity shares.
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23Oct 25
Global Offshore Services' Appeal Dismissed in Guarantee Enforcement Case
Global Offshore Services Ltd (GOSL) faced a setback as the Court of Appeal, Civil Division, dismissed its application for leave to appeal against a court order related to the enforcement of a guarantee. The company had previously described this guarantee as 'invalid and expired'. This development was announced by GOSL in a regulatory filing under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The dismissal may require GOSL to comply with the original court order, potentially impacting its financial position and operations.
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12Aug 25
Global Offshore Services Reports Widened Net Loss in Q1, Acquires New Vessel
Global Offshore Services Limited (GOSL) reported a net loss of Rs 476.29 lakhs for Q1, up from Rs 193.70 lakhs in the same quarter last year. Revenue declined by 49% to Rs 425.38 lakhs. The company acquired a new Anchor Handling Tug Supply Vessel and converted 70,000 warrants into equity shares. GOSL continues to face legal challenges regarding expired corporate guarantees worth USD 13.5 million, which it is contesting.
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Garware Offshore Services
41.30
-1.25
(-2.94%)
1 Year Returns:-49.09%
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