Announced Wed, 23 Jul · 15:00 IST

This is to inform that BSE Limited vide "E-Letter" No. LOD/PREF/SV/384/2025-2026 dated July 22, 2025 has granted Trading approval for 70,000 Equity Shares of Rs. 10/- each issued at a premium ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Global Offshore Services Ltd has received BSE trading approval dated July 22, 2025 for 70,000 equity shares of Rs. 10 each issued at a premium of Rs. 82 per share (total Rs. 92 per share). These shares, bearing distinctive numbers 30638444 to 30708443, were allotted to non-promoters on a preferential basis pursuant to the conversion of warrants. The company secretary confirmed receipt of the approval letter on July 23, 2025. This is a routine post-allotment intimation following earlier preferential warrant issuance to non-promoter holders.

Likely market impact

Minor dilution of approximately 0.3% on the equity base given the small size of 70,000 shares. Since the shares were issued at a significant premium to non-promoters via warrant conversion, there is no negative pricing signal for existing shareholders.