Global Offshore Services Limited has announced that at the board meeting held on June 16, 2017. The following resolutions were passed: Cessation of Mr. Ashok B. Garware as Executive Chairman with effect from 30 June, 2017 and continues to act as Non-Executive Chairman of the company. Resignation of Mr. Niladri Sengupta as CFO of the company with effect from 30 June, 2017.

Appointment of Mr. Niladri Sengupta as an Additional Director and Whole Time Director subject to the approval of the Shareholders at the upcoming AGM and Secured Creditors of the company with effect from 1 July, 2017 for a period of 3 years. Appointment of Mr. Pradip S Shah as CFO with effect from 1 July, 2017.