SBI Offshore Limited announced that Mr. Mahtani Bhagwandas has decided not to seek for re-election and retired as Independent Director of the company after the conclusion of the AGM to be held on April 25, 2018. Mr. Mahtani Bhagwandas has ceased as Chairman of the Remuneration Committee and a member of the Audit and Risk Management Committee (ARMC). Mr. Ling Yew Kong has decided not to seek for re-election and retired as Independent Director of the company after the conclusion of the AGM. Mr. Ling Yew Kong has ceased as a member of the ARMC and RC.