GARWARE OFFSHORE SERVICES LIMITED — Proxy Solicitation & Information Statement 2026

Jan 6, 2026

GLOBAL OFFSHORE SERVICES LTD.

Regd. Office : 3rd Floor, Prospect Chambers, D. N. Road, Fort, Mumbai - 400001. Tel. +91 22 35481800 CIN No.: L61100MH1976PLC019229

Ref. : GOSL/2026/170 January 06, 2026

BSE Ltd. Scrip Code : 501848 Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI - 400 001

Dear Sir,

Sub. : Notice of Postal Ballot.

Pursuant to Provisions of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of Postal Ballot Notice dated 31.12.2025 dispatched to the Shareholders today for your information and record.

Thanking you,

Yours faithfully, for GLOBAL OFFSHORE SERVICES LIMITED

A.C. CHANDARANA COMPANY SECRETARY & PRESIDENT - LEGAL & ADMIN.

Encl. : As above.

GLOBAL OFFSHORE SERVICES LIMITED

CIN – L61100MH1976PLC019229

Registered Office: 3rd Floor, Prospect Chambers, D. N. Road, Fort, Mumbai – 400 001. Website: www.globaloffshore.in; E mail: info@globaloffshore.in, Tel. No.: + 91 22 3548 1800

POSTAL BALLOT NOTICE

[Pursuant to Section 110 of the Companies Act, 2013 (the "Act") read with Rule 22 of the Companies (Management and Administration) Rules, 2014]

Dear Members,

NOTICE is hereby given that pursuant to the provisions of Section 110 of the Companies Act, 2013 (the "Act") read with Rule 22 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the Securities & Exchange Board of India (Listing Obligations & Disclosures Requirement) Regulations, 2015 (the "SEBI Listing Regulations"), including any statutory modification(s), clarification(s), substitution(s) or re-enactment(s) to each of the foregoing, for the time being in force, guidelines prescribed by the Ministry of Corporate Affairs (the "MCA"), Government of India, for holding general meetings/conducting postal ballot process through e-voting vide General Circular Nos.14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020, 22/2020 dated June 15, 2020, 33/2020 dated September 28, 2020 and 03/2025 dated September 22, 2025 (the "MCA Circulars") and any other applicable laws and regulations, the following item of special business is proposed to be passed by the Members of Global Offshore Services Limited (the "Company") through Postal Ballot via remote electronic voting (e-voting).

ITEM NO. 1: CHANGE OF NAME OF THE COMPANY FROM GLOBAL OFFSHORE SERVICES LTD. TO "GARWARE OFFSHORE SERVICES LIMITED".

To consider and, if thought fit, to pass the following Resolution, with or without modification as a Special Resolution:

"RESOLVED THAT pursuant to the provisions of Section 4, 13, 14 and other applicable provisions, if any, of the Companies Act, 2013 read along with applicable Rules and subject to the approval of Central Government, Stock Exchange and such other regulatory authority/(ies) as may be applicable; consent of the Shareholders of the Company, be and is hereby accorded to change the name of the Company from "Global Offshore Services Limited" to "Garware Offshore Services Limited;

RESOLVED FURTHER THAT the existing Name Clause, being Clause I in the Memorandum of Association of the Company, upon receipt of the fresh Certificate of Incorporation from Registrar of Companies shall be amended and substituted with the new name and be read as:

Clause: I. The Name of the Company is "GARWARE OFFSHORE SERVICES LIMITED"

RESOLVED FURTHER THAT upon receipt of fresh certificate of Incorporation by the Registrar of Companies, the old name 'Global Offshore Services Limited' wherever appearing in the Memorandum of Association and Articles of Association of the Company, and other documents and places be substituted with the new name 'Garware Offshore Services Limited' as per the applicable provisions;

RESOLVED FURTHER THAT any of the Directors and Company Secretary & Compliance Officer of the Company be and are hereby severally authorized to file all the necessary forms and / or returns and make application(s) to the Registrar of Companies and / or to Central Government, Stock Exchange and / or any other statutory authorities, to act, represent and/or appear before any statutory authorities for and on behalf of the Company and to do all such acts, deeds, matters and things as may be considered necessary, expedient, usual or proper to give effect to this Resolution."

Registered Office:

3rd Floor, Prospect Chambers, D.N. Road, Fort, Mumbai – 400 001.

By Order of the Board of Directors for GLOBAL OFFSHORE SERVICES LIMITED

Sd/- A. C. CHANDARANA COMPANY SECRETARY & PRESIDENT – LEGAL & ADMIN.

Place : Mumbai. Date : 31.12.2025

1

Notes:

• 1. An explanatory statement pursuant to Section 102 of the Companies Act, 2013, setting out all material facts relating to the resolution in this Notice is appended herein below for your information and consideration and the same should be considered as part of this Notice.
• 1. Pursuant to the provisions of the Companies Act 2013, and the rules thereon amended from time to time, the Company is sending the Postal Ballot Notice in electronic form only, instead of dispatching hard copy of the Notice.
• 1. The Postal Ballot Notice is being sent by e-mail to all Members, whose names appear in the Register of Members/Register of Beneficial Owners maintained by the Depositories, National Securities Depository Limited (the "NSDL") and Central Depository Services (India) Limited (the "CDSL") as on Friday, 02nd January, 2026 (the "Cut-Off Date") and who have registered their e-mail addresses, in respect of electronic holdings, with the Depository through the concerned Depository Participants and in respect of physical holdings, with the Registrar and Share Transfer Agent of the Company, M/s. Bigshare Services Private Limited (the "RTA"), in accordance with the provisions of the Companies Act, 2013, read with the Rules made thereunder and the framework provided under the MCA circulars. This Notice is also available at the Company's website: www.globaloffshore.in.
• 1. In compliance with the provisions of Sections 108 and 110 and other applicable provisions of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014, SEBI Circular No.SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 09.12.2020, and applicable regulation SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015 as amended from time to time and MCA Circulars, the Company is pleased to offer remote e-voting facility to all the Members of the Company to cast their votes.
• 1. The Company has engaged CDSL (hereinafter referred to as CDSL or "Service Provider") for facilitating remote e-voting to enable the Members to cast their votes electronically
• 1. To facilitate the shareholders to receive this Notice electronically and cast their vote electronically, the Company has made special arrangements with its RTA, for registration of e-mail addresses in terms of the General Circular No. 17/2020 dated April 13, 2020 issued by the MCA. The process for registration of e-mail address is as under:
• a. Members who have not registered their e-mail address and consequence the e-voting notice could not be serviced, may temporarily get their e-mail address registered with the Company's RTA, by clicking the link: https:// bigshareonline.com and following the registration process as guided thereafter. Post successful registration of the e-mail, the Members would get soft copy of the Notice and the procedure for e-voting along with the User ID and Password to enable e-voting for this Postal Ballot. In case of any queries, Members may write to the RTA at https://bigshareonline. com.
• b. It is clarified that for permanent registration of e-mail address, Members are requested to register their email addresses as follows:

Physical Holding	By sending a request to the Company's RTA, M/s. Bigshare Services Pvt. Limited at:
	https:// bigshareonline.com by providing name of the Member, folio number, scanned copy of
	the share certificate (front and back), PAN (self-attested scanned copy) for registering e-mail
	address and mobile number.
Demat Holding	By contacting Depository Participant ("DP") and registering e-mail address and mobile number
	in demat account, as per the process advised by the DP.

• c. Those Members who have already registered their e-mail address are requested to keep their e-mail addresses validated with their DP / the Company's RTA, to enable servicing of notices / documents / Annual Reports etc. electronically to their e-mail address.
• 1. The Company has appointed Mr. Taher Sapatwala of Messrs. Taher Sapatwala & Associate, Practising Company Secretaries, to act as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner.
• 1. Based on the Scrutinizer's Report, the Results of remote e-voting will be declared on Friday, 06th February, 2026. The declared Results, along with the Scrutinizer's Report, will be available on the Company's website www.globaloffshore.in under the section 'Investors' and will also be forwarded to Bombay Stock Exchange, where the Company's shares are listed.

CDSL e-Voting System – For Remote e-voting

THE INTRUCTIONS OF SHAREHOLDERS FOR REMOTE E-VOTING:

Step 1: Access through Depositories CDSL/NSDL e-Voting system in case of individual shareholders holding shares in demat mode.

Step 2: Access through CDSL e-Voting system in case of shareholders holding shares in physical mode and non-individual shareholders in demat mode.

• (i) The voting period begins on Thursday, 08th January, 2026 at 10.00 am and ends on Friday 06th February, 2026 at 5.00 pm. During this period Shareholders' of the Company, holding shares either in physical form or in dematerialized form, as on the cut-off date Friday, 02nd January, 2026 may cast their vote electronically. The e-voting module shall be disabled by CDSL for voting thereafter.
• (ii) Pursuant to SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 09.12.2020, under Regulation 44 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, listed entities are required to provide remote e-voting facility to its shareholders, in respect of all shareholders' resolutions. However, it has been observed that the participation by the public non-institutional shareholders/retail shareholders is at a negligible level.

Currently, there are multiple e-voting service providers (ESPs) providing e-voting facility to listed entities in India. This necessitates registration on various ESPs and maintenance of multiple user IDs and passwords by the shareholders.

In order to increase the efficiency of the voting process, pursuant to a public consultation, it has been decided to enable e-voting to all the demat account holders, by way of a single login credential, through their demat accounts/ websites of Depositories/ Depository Participants. Demat account holders would be able to cast their vote without having to register again with the ESPs, thereby, not only facilitating seamless authentication but also enhancing ease and convenience of participating in e-voting process.

Step 1: Access through Depositories CDSL/NSDL e-Voting system in case of individual shareholders holding shares in demat mode.

(iii) In terms of SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

	Type of shareholders	Login Method
	Individual	Users who have opted for CDSL Easi / Easiest facility, can login through their existing user id and
	Shareholders holding	password. Option will be made available to reach e-Voting page without any further authentication. The
	securities in Demat	users to login to Easi / Easiest are requested to visit cdsl website www.cdslindia.com and click on login
	mode with CDSL	icon & My Easi New (Token) Tab.
Depository	After successful login the Easi / Easiest user will be able to see the e-Voting option for eligible companies where the evoting is in progress as per the information provided by company. On clicking the evoting option, the user will be able to see e-Voting page of the e-Voting service provider for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting. Additionally, there is also links provided to access the system of all e-Voting Service Providers, so that the user can visit the e-Voting service providers' website directly.
		If the user is not registered for Easi/Easiest, option to register is available at cdsl website www.cdslindia. com and click on login & My Easi New (Token) Tab and then click on registration option.
		Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a e-Voting link available on www.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the evoting is in progress and also able to directly access the system of all e-Voting Service Providers.

Pursuant to abovesaid SEBI Circular, Login method for e-Voting for Individual shareholders holding securities in Demat mode CDSL/NSDL is given below:

Individual	If you are already registered for NSDL IDeAS facility, please visit the e-Services website of NSDL. Open
Shareholders holding	web browser by typing the following URL: https://eservices.nsdl.com either on a Personal Computer or
securities in demat	on a mobile. Once the home page of e-Services is launched, click on the "Beneficial Owner" icon under
mode with NSDL	"Login" which is available under 'IDeAS' section. A new screen will open. You will have to enter your User
Depository	ID and Password. After successful authentication, you will be able to see e-Voting services. Click on
	"Access to e-Voting" under e-Voting services and you will be able to see e-Voting page. Click on company
	name or e-Voting service provider name and you will be re-directed to e-Voting service provider website
	for casting your vote during the remote e-Voting period.
	If the user is not registered for IDeAS e-Services, option to register is available at https://eservices.
	nsdl.com. Select "Register Online for IDeAS "Portal or click at https://eservices.nsdl.com/SecureWeb/
	IdeasDirectReg.jsp
	Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.
	nsdl.com/ either on a Personal Computer or on a mobile. Once the home page of e-Voting system is
	launched, click on the icon "Login" which is available under 'Shareholder/Member' section. A new screen
	will open. You will have to enter your User ID (i.e. your sixteen digit demat account number hold with
	NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication,
	you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company
	name or e-Voting service provider name and you will be redirected to e-Voting service provider website
	for casting your vote during the remote e-Voting period.
	For OTP based login you can click on https://eservices.nsdl.com/SecureWeb/evoting/evotinglogin.
	jsp. You will have to enter your 8-digit DP ID,8-digit Client Id, PAN No., Verification code and generate
	OTP. Enter the OTP received on registered email id/mobile number and click on login. After successful
	authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click
	on company name or e-Voting service provider name and you will be re-directed to e-Voting service
	provider website for casting your vote during the remote e-Voting period or joining virtual meeting &
Individual	voting during the meeting. You can also login using the login credentials of your demat account through your Depository Participant
Shareholders (holding	registered with NSDL/CDSL for e-Voting facility. After Successful login, you will be able to see e-Voting
securities in demat	option. Once you click on e-Voting option, you will be redirected to NSDL/CDSL Depository site after
mode login through	successful authentication, wherein you can see e-Voting feature. Click on company name or e-Voting
their Depository	service provider name and you will be redirected to e-Voting service provider website for casting your
Participants (DP)	vote during the remote e-Voting period.

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at above mentioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. CDSL and NSDL

Login type	Helpdesk details
Individual Shareholders holding securities in Demat mode with CDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending a request at helpdesk.evoting@cdslindia.com or contact at toll free no. 1800 21 09911
Individual Shareholders holding securities in Demat mode with NSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request at evoting@nsdl.co.in or call at : 022 - 4886 7000 and 022 - 2499 7000

Step 2 : Access through CDSL e-Voting system in case of shareholders holding shares in physical mode and non-individual shareholders in demat mode.

(iv) Login method for Remote e-Voting for Physical shareholders and shareholders other than individual holding in Demat form.

The shareholders should log on to the e-voting website www.evotingindia.com.

• 1) Click on "Shareholders" module.
• 2) Now enter your User ID
• a. For CDSL: 16 digits beneficiary ID,
• b. For NSDL: 8 Character DP ID followed by 8 Digits Client ID,
• c. Shareholders holding shares in Physical Form should enter Folio Number registered with the Company.
• 3) Next enter the Image Verification as displayed and Click on Login.

If you are holding shares in demat form and had logged on to www.evotingindia.com and voted on an earlier e-voting of any company, then your existing password is to be used.

4) If you are a first-time user follow the steps given below:

	For Physical shareholders and other than individual shareholders holding shares in Demat.
PAN	Enter your 10 digit alpha-numeric *PAN issued by Income Tax Department (Applicable for both demat
	shareholders as well as physical shareholders)
	• Shareholders who have not updated their PAN with the Company/Depository Participant are
	requested to use the sequence number sent by Company/RTA or contact Company/RTA.
Dividend Bank	Enter the Dividend Bank Details or Date of Birth (in dd/mm/yyyy format) as recorded in your demat
Details OR	account or in the company records in order to login.
Date of Birth	• If both the details are not recorded with the depository or company, please enter the member id /
(DOB)	folio number in the Dividend Bank details field.

• (v) After entering these details appropriately, click on "SUBMIT" tab.
• (vi) Shareholders holding shares in physical form will then directly reach the Company selection screen. However, shareholders holding shares in demat form will now reach 'Password Creation' menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password is to be also used by the demat holders for voting for resolutions of any other company on which they are eligible to vote, provided that company opts for e-voting through CDSL platform. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.
• (vii) For shareholders holding shares in physical form, the details can be used only for e-voting on the resolutions contained in this Notice.
• (viii) Click on the EVSN for the relevant on which you choose to vote.
• (ix) On the voting page, you will see "RESOLUTION DESCRIPTION" and against the same the option "YES/NO" for voting. Select the option YES or NO as desired. The option YES implies that you assent to the Resolution and option NO implies that you dissent to the Resolution.
• (x) Click on the "RESOLUTIONS FILE LINK" if you wish to view the entire Resolution details.
• (xi) After selecting the resolution, you have decided to vote on, click on "SUBMIT". A confirmation box will be displayed. If you wish to confirm your vote, click on "OK", else to change your vote, click on "CANCEL" and accordingly modify your vote.
• (xii) Once you "CONFIRM" your vote on the resolution, you will not be allowed to modify your vote.
• (xiii) You can also take a print of the votes cast by clicking on "Click here to print" option on the Voting page.
• (xiv)If a demat account holder has forgotten the login password then Enter the User ID and the image verification code and click on Forgot Password & enter the details as prompted by the system.
• (xv) There is also an optional provision to upload BR/POA if any uploaded, which will be made available to scrutinizer for verification.

(xvi)Additional Facility for Non – Individual Shareholders and Custodians –For Remote Voting only.

Non-Individual shareholders (i.e. other than Individuals, HUF, NRI etc.) and Custodians are required to log on to www.evotingindia.com and register themselves in the "Corporates" module.

A scanned copy of the Registration Form bearing the stamp and sign of the entity should be emailed to helpdesk.evoting@ cdslindia.com.

After receiving the login details a Compliance User should be created using the admin login and password. The Compliance User would be able to link the account(s) for which they wish to vote on.

The list of accounts linked in the login will be mapped automatically & can be delink in case of any wrong mapping.

It is Mandatory that, a scanned copy of the Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, should be uploaded in PDF format in the system for the scrutinizer to verify the same.

• Alternatively Non Individual shareholders are required mandatory to send the relevant Board Resolution/ Authority letter etc. together with attested specimen signature of the duly authorized signatory who are authorized to vote, to the Scrutinizer and to the Company at the email address viz; investorredressal@globaloffshore.in, if they have voted from individual tab & not uploaded same in the CDSL e-voting system for the scrutinizer to verify the same.

PROCESS FOR THOSE SHAREHOLDERS WHOSE EMAIL/MOBILE NO. ARE NOT REGISTERED WITH THE COMPANY/ DEPOSITORIES.

• 1. For Physical shareholders- please provide necessary details like Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self-attested scanned copy of PAN card), AADHAR (self-attested scanned copy of Aadhar Card) by email to Company/RTA email id.
• 1. For Demat shareholders -, Please update your email id & mobile no. with your respective Depository Participant (DP)
• 1. For Individual Demat shareholders Please update your email id & mobile no. with your respective Depository Participant (DP) which is mandatory while e-Voting & joining virtual meetings through Depository.

If you have any queries or issues regarding e-Voting from the CDSL e-Voting System, you can write an email to helpdesk. evoting@cdslindia.com or contact at toll free no. 1800 21 09911

All grievances connected with the facility for voting by electronic means may be addressed to Mr. Rakesh Dalvi, Sr. Manager, (CDSL, ) Central Depository Services (India) Limited, A Wing, 25th Floor, Marathon Futurex, Mafatlal Mill Compounds, N M Joshi Marg, Lower Parel (East), Mumbai - 400013 or send an email to helpdesk.evoting@cdslindia.com or call at toll free no.1800 21 09911

Registered Office:

3rd Floor, Prospect Chambers, D.N. Road, Fort, Mumbai – 400 001.

By Order of the Board of Directors for GLOBAL OFFSHORE SERVICES LIMITED

Sd/-

Place : Mumbai. Date : 31.12.2025

A. C. CHANDARANA COMPANY SECRETARY & PRESIDENT – LEGAL & ADMIN.

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013:

The Company was incorporated in the year 1976 as "Garware Shipping Corporation Limited". In 2006, the name was then changed to "Garware Offshore Services Limited". Thereafter, in 2011, the Company's name was once again changed from "Garware Offshore Services Limited" to "Global Offshore Services Limited", in view of the fact that the Company's was focused predominately on international operations with majority of the Company's Vessels working in international waters.

The Company, promoted by the Late B. D. Garware has, over the past 4 to 5 years, reduced its international exposure in terms of operations and now had its fleet operating in India only and therefore it is proposed to revert the name of the Company back to "Garware Offshore Services Limited", from Global Offshore Services Limited which will better represent the Company's present shareholding pattern, operational situation and target market.

In view of the above, the Board of Directors of the Company at its meeting held on 18th day December, 2025, subject to Shareholders, Central Government and such other requisite approval(s) that may be required, proposed to revert back to naming the Company to "Garware Offshore Services Limited", from Global Offshore Services Limited, which in view of the Board, will better represent the Company's present shareholding pattern, operational situation and target market.

The Members may further note that there is no proposal to change the objects of the Company. The proposed change in the name of the Company would not affect any of the rights or obligations of the Company towards its members and stakeholders.

The Company has complied with Regulation 45 of the Listing Regulations, to the extent they are applicable, and has also obtained a certificate from a Practicing Chartered Accountant in respect of the same, copy of which is annexed herewith as Annexure A.

Consequent to the above, the Memorandum and Articles of Association of the Company, will also be required to be amended to give effect of change of name of the Company.

Upon application to Government of India, Ministry of Corporate Affairs, the Office of the Registrar of Companies vide their letter dated 19th December, 2025 granted "No Objection" in the availability of the new name 'GARWARE OFFSHORE SERVICES LIMITED' from the existing name 'GLOBAL OFFSHORE SERVICES LIMITED'.

The Company has also further made an application to BSE Limited (where the Shares of the Company are listed) to obtain an 'In-Principle' approval for change of name of the Company. The outcome of the said application is awaited.

All documents referred to in the above Notice and Explanatory statement, will be made available for inspection to the Shareholders at the Company's Registered Office at 3rd Floor, Prospect Chambers, D.N. Road, Fort, Mumbai – 400001 during normal business hours on working days between 2.00 p.m. to 4.00 p.m., upto the last date of the Postal Ballot.

None of the Directors, Key Managerial Personnel (KMP) and their respective relatives are interested in the Resolution enumerated in Postal Ballot Notice directly or indirectly, financially or otherwise; except for their general shareholding

The Board recommends passing of Resolution as a Special Resolution.

Registered Office:

3rd Floor, Prospect Chambers, D.N. Road, Fort, Mumbai – 400 001.

By Order of the Board of Directors for GLOBAL OFFSHORE SERVICES LIMITED

Sd/-

A. C. CHANDARANA COMPANY SECRETARY & PRESIDENT – LEGAL & ADMIN.

Place : Mumbai. Date : 31.12.2025