Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, one of the Company''s ....
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Global Offshore Services Limited has informed the stock exchange that one of its vessels, a Platform Supply Vessel (PSV), has won a new term contract with a firm duration of 90 days, starting in December 2025. The contract includes multiple options for mutual extension beyond the initial period. The annualised value of the contract is estimated at around Rs. 25 crore. This is a routine disclosure under SEBI's Listing Regulations, providing visibility into the company's vessel deployment and revenue.
The contract adds near-term revenue visibility for the company. With extension options available, the vessel could remain deployed for a longer period, positively supporting utilisation rates and earnings. Watch for further updates on whether the extension options are exercised.