This is to inform that at the meeting of the Board of Directors of the Company held today, the following items were considered and approved. 1] Pursuant to provisions of SEBI (Listing ....

GARWARE OFFSHORE SERVICES LIMITED (Formerly known as Global Offshore Services Limited) Regd. Office : A/304, Naman Midtown, Senapati Bapat Road, Prabhadevi (West), Mumbai - 400013 Tel. 022 4565 5555 CIN No.: L61100MH1976PLC019229 Ref. : GOSL/2026/058 August 10, 2026 BSE Limited . Scrip Code : 501848 Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400 001. Dear Sirs, Sub.: Outcome of Board Meeting dated August 10, 2026. This is to inform that at the meeting of the Board of Directors of the Company held today, the following items were considered and approved. 1] Pursuant to provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the copy of Un-audited Financial Results for the quarter ended 30t June, 2026 taken on record by the Board of Directors today, alongwith the Limited Review Report for the quarter ended 30t June, 2026 issued by Statutory Auditors of the Company. 2] The 48t Annual General Meeting of the Members of the Company is scheduled to be held on Thursday — 24 September, 2026 at 11.30 a.m. by Video Conferencing (VC) / Other Audio Visual Means (OAVM). = The Board Meeting started at 12.15 p.m. and concluded at 15.20 p.m. Thanking you, Yours faithfully, for GARWARE OFFSHORE SERVICES LIMITED Digitally signed by MUKUND MOKUND MADHAY MADHAV HONKAN HONKAN Deate: 20 26.08.10 b15:10: M. H. HONKANA. WHOLE TIME DIRECTOR. Encl. : As above. Efi E-mail: info@garwareoffshore.in Website: www.garwareoffshore.in Garware Offshore Services Ltd. Registered Office : A-304, Naman Midtown, Senapati Bapat Marg, Prabhadevi (W), Mumbai - 400 013. CINNo: L61100MH1976PLC019229 Statement of Standalone and Consolidated Unaudited Financial Results for the Quarter Ended June 30, 2026 Rs. In Lakhs Consolidated Stand Alone - Parent Company Quarter Ended Year Ended Quarter Ended Year 30/06/2026 | 31/03/2026 | 30/06/2025 31/03/2026 _|Sr. No. Particulars 30/06/2026 | 31/03/2026 30/06/2025 31/03/2026 (Unaudited) | (Audited) (Unaudited) (Audited) (Unaudited) (Audited) (Unaudited) (Audited) T |Revenue 1,178.50 1,248.32 42538 3,572.49 Operating Income 1,178.50 1,24832 425.38 3,572.49 16.83 3102 36.35 1887 2 Other Income 16.83 30.75 78.88 441,10 1,195.33 1,279.34 461.73 3691.36| 3 |[Total Revenue 1,195.33 1,279.07 504.26 4,01359 4 |Expenditure N.A N.A N. A NA a) Cost of Material Comsumed N.A. NA. N.A NA [ A, o, (Lo b) g:cl?i?‘ Tr aI(i’réventories of Finished Goods, work-in-progress and| Non NA NA Fi 544.29 536.16 347.06 1,612.74 C) Fleet Operating Expenses 544.29 536.16 347.06 1,612.74 100.96 124.21 100.01 449,61 d) Employee Benefits Expenses 100.96 124.21 100.01 449.61 151.08 161.76 47.89 443,81 €) Finance Cost 151.08 161.24 47.89 443.29 561.21 651.45 295.42 1,809.83 f) Depreciation and Amortisation Expenses 561.21 651.45 295.42 1,809.83 119.64 314.49 225.46 855.49 ) Other Expenditure 118.41 292.72 18033 783.32 1,477.18 1,788.07 101584 517148 Total Expenses (atog) 1,475.95 1,765.78 970.71 5,008.79 (281.85) (508.73) (554.11)| (1,480.12)] 5 [Profit/(Loss) before Exceptional Items and Tax (280.62) (486.71) (466.45)| (1,085.20)) - 677 37431 63619 | 6 |Exceptional Ttems (Debit) / Credit - - - - (281.85) (501.56) (179.80) (843.93)] 7 [Profit/(Loss) before Tax (280.62) (486.71)| (466.45), (1,085.20) 8 |Tax Expenses 4.95 55.65 9.84 85.00 Current Tax - Debit/ (Credit) 4.95 55.65 9.84 85.00 - - - - Deferred Tax - - - - - = - = Tax for earlier year = = = - 4.95 55.65 9.84 85.00 Total Tax Expenses 4.95 55.65 584 85.00 (286.80) (557.61) (189.64) (928.93)] 9 [NetProfit/ (Loss) for the period from continuing operations (285.57) (542.36)] (476.29) (1,170.20)} - E - - 10 [Profit/ (Loss ) for the period from discontinuing operations before tax = - B = - = @ = 11 |Tax expenses of discontinuing operations - = = = = 3 - » 12 |Net Profit / (Loss) for the period from continuing operations after tax = (3 o = (286.80) (557.61) (189.64) (928.93)| 13 [Net Profit / (Loss) for the period (285.57) (542.36) (476.29)] (1,170.20) 14 |Other Comprehensive Income A. Items that will not be reclassified to profit and loss 0.97), 5.48 (0.91) 297 - Acturial Gain / (loss) on defined beneft plans (0.97) 5.48 (0.91) 297 (2.61) (4.81), 517 (5.73) - Equity instruments through Other Comprehensive Income (2.61) (4.81) 517 (573) B. Items that will be reclassified to profit and loss - Exchange differences in translating the financial statements of a| (3.00) (23.59) (1.22) (56.77) foreign operations (Loss) /Gain _ 5 § - (6.58) (22.92) 3.04 (59.53)| Total of Other Comprehensive income (3.58) 0.67 4.26 (2.76) (293.38) (580.53)| (186.60) (988.46)] 15 |[Total comprehensive income for the period (289.14) (541.69)| (472.03) (1,172.96) (Comprising Profit /(Loss) and Other Comprehensive ir Garware Offshore Services Ltd. Registered Office : A-304, Naman Midtown, Senapati Bapat Marg, Prabhadevi (W), Mumbai - 400 013, CINNo: L61100MH1976PLC019229 Statement of Standalone and Consolidated Unaudited Financial Results for the Quarter Ended June 30, 2026 Stand Alone - Parent Company Consolidated Quarter Ended Year Ended Quarter Ended Year Ended 30/06/2026 31/03/2026 30/06/2025 31/03/2026 | Sr. No. Particulars 30/06/2026 31/03/2026 30/06/2025 31/03/2026 (Unaudited) (Audited) (Unaudited) (Audited) (Unaudited) (Audited) (Unaudited) (Audited) 16 |Total Comprehensive Income attributable to (293.38) (580.53)| (186.60) (988.46)| - Owners of the parent (289.14) (541.69)| (472.03)| (1,172.96) i = = A - Non Controling interest = = = = 17 |of the Total Comprehensive income above , Profit for the year attributable to (286.80) (557.61) (189.64) (928.93) - Owners of the parent (285.57) (542.36) (476.29) (1,170.20)| = § = o - Non Controling interest » - r * 18 |Of the Total Comprehensive income above , (Other Comprehensive income for the year attributable to (6.58) (22.92) 3.04 (59.53)| - Owners of the parent (3.58) 067 4.26 (2.76) - - - - - Non Controling interest - = = - 3,077.04 3,074.34 3,070.84 3,074.34 19 |Paid up Equity Share Capital (Face Value of Rs. 10/-) 3,077.04 3,074.34 | 3,070.84 3,074.34 9,411.66 | 20 [Other Equity - - - 9,720.00 21 |Eaming Per Share (For continuing operations) -In INR (not] annualised) (0.93) (1.90) (0.62) (3.02) Basic (0.93) (1.85)| (1.55), (3.81) (0.93) (1.90) (0.62) (3.02), Diluted (0.93) (1.89)] (1.55)) (3.81)] 22 |Earning Per Share (For discontinuing operations) -In INR ( not - - - - annu Ba al si is c ed) - - - - - - - - Diluted - - - - 23 [Eamning Per Share (For continuing and discontinuing operations) -In INR] (not annualised) (( 00 .. 99 33 )) (( L1 .. 99 00 )) (( 00 .. 66 22 )) ( (3 3. .0 02 2) B Da is li uc t ed (( 00 .. 99 33 )) (( 11 .. 88 55 )) (( 1L .. 55 55 )) ,, (( 33 .. 88 11 )) |] 24 |Dividend per share - - - = L- =s g-4 &]- 5i» TI F oin tnt a ae l lr i dm di ivd vii idv dei end nde n d =» -» == == By Order of the Board Place : Mumbai M. M. Honkan Date : 10th August, 2026 Whole Time Director Notes : (1) The above unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 10th August, 2026. These unaudited financial results have been prepared in accordance with the Indian Accounting Standards (“Ind AS”) as specified under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time), the provisions of the Companies Act, 2013, and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditors have carried out a limited review of the above financial results. During the quarter under review, one of the Company's vessel has completed a contract with Vedanta Limited. @3 e During the quarter under review, one of the Company's vessel commence short term contract with Afcons Infrastructre Limited. on the east coast of the India. Further, the said vessel received a "Letter of award" for her charter commensing upon completion of her short term contract for a firm [Showing first 8,000 characters — download PDF for full document]