GLOBAL OFFSHORE SERVICES LTD.-$ - 501848 - Transfer Of Stressed Loans Exposure By State Bank Of India To Phoenix ARC Private Limited.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby intimate the following: 1. Phoenix ARC Private Ltd. (Phoenix) vide their letter dtd. 26/08/2022 has informed the Company that pursuant to an Assignment Agreement dtd.22/08/2022, State Bank of India has absolutely assigned and transferred the Debt due and payable by the Company together with all underlying securities interest thereto and all their right, title and interests in all agreements, deeds, and documents in relation to or about the said debt to Phoenix. 2. As per the aforesaid letter, the Company will now directly deal with Phoenix for any issues related to the said debt.27-08-2022