Duke Offshore Ltd — Others, 20-07-2025: AGM/EGM

Duke Offshore will hold its 39th Annual General Meeting on August 13, 2025, to adopt the financial results for FY25 and approve new auditor appointments. The company reported a significant performance decline in FY25, with total revenue at ₹0.74 Cr, down from ₹4.14 Cr in FY24, leading to a net loss of ₹2.20 Cr versus a ₹1.24 Cr profit last year. This was primarily due to lower vessel utilization and geopolitical factors. Duke Offshore is diversifying into shore-based infrastructure projects. Auditors noted delays in transferring unclaimed dividends (₹0.05 Cr) to IEPF and one Independent Director's pending proficiency test.