StockWatch
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Oil Equipment & Services
Acquisitions24 Jul 2026, 10:26 am

Aspect Global Ventures Acquires 70.61% Stake in Duke Offshore

AI Summary

Aspect Global Ventures Private Limited has acquired a substantial 70.61% stake in Duke Offshore Limited, amounting to 69,59,800 equity shares. This acquisition, effective July 21, 2026, was completed pursuant to a Share Purchase Agreement executed on June 11, 2026. Prior to this transaction, Aspect Global Ventures held no shares in Duke Offshore. Following the acquisition, Aspect Global Ventures will be classified as a Promoter of Duke Offshore Limited. The total equity share capital of Duke Offshore remains unchanged at Rs. 9,85,72,000, divided into 98,57,200 equity shares of Rs. 10 each.

Key Highlights

  • Aspect Global Ventures acquired 70.61% stake in Duke Offshore.
  • Acquisition completed on July 21, 2026, via Share Purchase Agreement.
  • Aspect Global Ventures to be classified as Promoter post-acquisition.
  • No prior holding by Aspect Global Ventures in Duke Offshore.
  • Transaction details filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.