DUKE OFFSHORE LTD.

Duke Offshore Ltd has announced that its Board of Directors will convene on July 17, 2026, at 11:00 AM in Mumbai. The primary agenda item for this meeting is to consider and approve the company's Unaudited Financial Results for the quarter ended June 30, 2026. The meeting will also address any other business as permitted by the Chair. The company has formally informed the BSE about this scheduled board meeting.

Duke Offshore Ltd has announced the closure of its trading window for designated employees, directors, and key managerial personnel. This closure is in accordance with the company's Code of Conduct for Prohibition of Insider Trading, framed under SEBI regulations. The trading window will be shut from July 01, 2026, to facilitate the declaration of unaudited financial results for the quarter ended June 30, 2026. The window will reopen 48 hours after the financial results are made public. All designated persons have been advised against trading in the company's securities during this period.

Saffron Capital Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Draft Letter of Offer to the public shareholders of Duke Offshore Ltd. The open offer is being made by Aspect Global Ventures Private Limited to acquire up to 25,62,872 equity shares, representing 26% of the voting share capital, at a price of ₹30 per share. The total offer size aggregates to ₹7,68,86,160. This open offer is being made pursuant to SEBI (SAST) Regulations, 2011, for substantial acquisition of shares and voting rights accompanied by a change in control. The offer is not conditional on minimum acceptance and there are no competing offers as of the filing date. Statutory approvals are not currently required.

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.

Duke Offshore Ltd announced that its promoters, Mr. Albert Donald Duke, Mr. Avik George Duke, and Ms. Komal Duke, have executed a Share Purchase Agreement (SPA) with Aspect Global Ventures Private Limited. The promoters will sell an aggregate of 69,59,800 equity shares, representing 70.61% of the company's voting share capital, at a price of ₹30 per share. This transaction amounts to ₹208.8 crore. The sale is subject to certain conditions outlined in the SPA. Following this agreement, the acquirer is obligated to make an Open Offer to the public shareholders of Duke Offshore Ltd as per SEBI regulations.

Duke Offshore Ltd announced that its promoters, Mr. Albert Donald Duke, Mr. Avik George Duke, and Ms. Komal Duke, have entered into a Share Purchase Agreement (SPA) dated June 11, 2026, to sell an aggregate of 69,59,800 equity shares, representing 70.61% of the company's voting share capital, to Aspect Global Ventures Private Limited. The transaction is valued at ₹30 per share, totaling ₹208.8 crore. The sale is subject to certain conditions outlined in the SPA. Following this agreement, the acquirer is obligated to make an Open Offer to the public shareholders of Duke Offshore Ltd as per SEBI (SAST) Regulations, 2011. The change in control and management of the company is contemplated post-transaction.

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.

Duke Offshore Ltd's board approved the audited standalone financial results for the quarter and year ended March 31, 2026. The statutory auditors issued an unmodified opinion on the audited financial results. The board also approved the appointment of an internal auditor for FY 2026-27.

Duke Offshore Ltd's board meeting on May 30, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026, along with the auditor's report. The board also approved the appointment of an internal auditor for FY 2026-27. The statutory auditors issued an audit report with an unmodified opinion on the audited financial results.

Duke Offshore Ltd has announced a meeting of its Board of Directors on May 30, 2026, to consider and approve the standalone audited financial results and related party transactions for the quarter and year ended March 31, 2026. The board will also consider the appointment of an Internal Auditor for the Financial Year 2026-27.