Global Offshore Services has informed that at the meeting of the Board of Directors of the Company held today, the following amongst other items were considered and approved: Granted in principle approval, subject to the Shareholders and such other requisite approval(s) for the sale of assets of the company; Granted in principle approval, subject to the shareholders and such other requisite approval(s) for the sale of investment made in the equity shares of the company’s subsidiary, Global Offshore Services B.V., The Netherlands; and approved Draft Postal Ballot Notice to Shareholders, a copy of which will be furnished simultaneously when issued to Shareholders.
The above information is a part of company’s filings submitted to BSE.
