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

Saffron Capital Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Detailed Public Statement regarding 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 acquisition, totaling ₹7,68,86,160, is being made by Aspect Global Ventures Private Limited from the public shareholders of Duke Offshore Limited, in compliance with SEBI (SAST) Regulations, 2011. The offer follows a Share Purchase Agreement dated June 11, 2026, where the acquirer agreed to purchase 70.61% of the company's voting share capital.