Duke Offshore: Open Offer for 26% stake at ₹30/share

Saffron Capital Advisors Pvt Ltd, acting as Manager to the Offer, has announced an Open Offer for Duke Offshore Limited. The offer is to acquire up to 25,62,872 equity shares, representing 26% of the voting share capital, at a price of ₹30 per share. This transaction aggregates to ₹7,68,86,160. The offer is being made by Aspect Global Ventures Private Limited to the public shareholders of Duke Offshore Limited, in compliance with SEBI (SAST) Regulations, 2011. The sellers in the underlying Share Purchase Agreement are George Albert Donald Duke, Avik George Duke, and Komal Duke.