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Outcome of board meeting of Global Offshore Services

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Capital Market
Last Updated : Apr 17 2015 | 9:01 PM IST

Held on 17 April 2015

Global Offshore Services announced that the Board of Directors of the Company at its meeting held on 17 April 2015, has approved the following:

1. Acquisition of platform supply vessel (PSV), with DWT 3300, FiFi1, DP1, Rolls Royce UT 755 LN design.

2. Notice of postal ballot pursuant to section 110 of the Companies Act, 2013 read along with Companies (Management and Administration) Rules, 2014 for obtaining approval of shareholders under Section 186 of the Companies Act, 2013 for granting of loans, issue of guarantee and investment in equity, securities etc. in excess of the paid up share capital and free reserves.

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First Published: Apr 17 2015 | 8:06 PM IST

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