We refer to Regulation 24A of SEBI (LODR) Regulations, 2015 as amended read with SEBI''s Circular No. CIR/CFD/CMD1/27/2019 dated 8th February, 2019 and enclose Annual Secretarial Compliance ....
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Global Offshore Services Limited has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under SEBI Regulation 24A. The Practising Company Secretary confirmed overall compliance with SEBI regulations including LODR, Insider Trading, and Depositories rules. Two minor non-compliances were flagged: a delay in submitting the Annual Secretarial Compliance Report (fine of Rs. 38,000 plus GST, total Rs. 44,840) and a delay in filing the listing application for share allotments made on 12 July and 15 July 2024 (fine of Rs. 2,20,000 plus GST, total Rs. 2,59,600). Both fines have been paid and corrective action reported to BSE. The company confirmed it has no material subsidiary, no disqualified directors, no statutory auditor resignations, and no SEBI or stock exchange actions beyond the noted fines.
This is a routine annual compliance filing with no major governance concerns. The fines imposed are small (about Rs 3 lakh combined, already paid) and relate to procedural delays rather than substantive violations. Shareholders are unlikely to see any material impact on the stock price.