Duke Offshore Board Approves Shifting Registered Office, Capital Increase

Duke Offshore Ltd's Board of Directors has approved the shifting of its registered office from Prabhadevi to Bandra West, Mumbai. The board also approved a significant increase in authorized share capital from ₹30 crore to ₹100 crore, subject to shareholder approval. Additionally, proposals for altering the Memorandum of Association to explore new business areas like mining, energy, and AI, along with the sale/disposal of certain assets and the regularization of several director appointments, were approved. The 40th Annual General Meeting is scheduled for September 30, 2026, to seek shareholder consent for these matters.