Bharati Shipyard not interested in open offer for Great Offshore

Bharati Shipyard Ltd has clarified with reference to the news item appearing in a leading financial daily titled “Bharati open to Great Offshore Offer.” The report states about a probable open offer by Bharati Shipyard Ltd for acquisition of shares of Great Offshore Ltd. It added that at present our Company has no intentions to acquire or pledge more shares of Great Offshore Ltd.

The release said that “It may further be noted that at present our Company has no intentions of making an open offer for acquisition of shares of Great Offshore Ltd.”