Description

BSE announces listing and trading of 35,000 new equity shares of Global Offshore Services Ltd issued on preferential basis to promoters pursuant to conversion of warrants, effective October 13, 2025.

Summary

BSE has approved the listing of 35,000 new equity shares of Global Offshore Services Ltd (Scrip Code: 501848) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading on the Exchange from Monday, October 13, 2025. These shares were allotted at a premium and rank pari-passu with existing equity shares.

Key Points

  • 35,000 equity shares of Rs. 10/- each issued at premium of Rs. 82/-
  • Issue price: Rs. 92/- per share
  • Issued to promoters on preferential basis through warrant conversion
  • Distinctive numbers: 30708444 to 30743443
  • ISIN: INE446C01013
  • Date of allotment: July 8, 2025
  • Shares rank pari-passu with existing equity shares
  • Trading commences: October 13, 2025

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential allotment and warrant conversion.

Compliance Requirements

  • Trading members should update their systems to reflect the increased share capital of Global Offshore Services Ltd
  • Members should note the lock-in details for the newly listed shares
  • All 35,000 shares (Dist. Nos. 30708444 to 30743443) are subject to lock-in provisions as per SEBI regulations

Important Dates

  • Allotment Date: July 8, 2025
  • Notice Date: October 10, 2025
  • Trading Commencement Date: October 13, 2025 (Monday)

Impact Assessment

Market Impact: Minimal. The addition of 35,000 shares represents a small increase in the total share capital of Global Offshore Services Ltd.

Liquidity Impact: Negligible immediate impact as all shares are subject to lock-in provisions and were allotted to promoters.

Operational Impact: Routine operational update for trading members to note new securities in their systems. No special trading arrangements required.

Impact Justification

Routine listing of small number of shares (35,000) issued to promoters via warrant conversion with minimal market impact