ALPHA TRIBE

Duke Offshore LtdOthers, 20-07-2025: Others

20-07-2025 | 12:57 pm

Duke Offshore has submitted its Annual Report for FY25 and announced its 39th Annual General Meeting for August 13, 2025. The company's financial results show a challenging year, with total income at ₹0.74 Cr (down from ₹4.14 Cr last year) and a loss after tax of ₹(2.20) Cr (compared to a ₹1.24 Cr profit previously). Net worth also declined to ₹4.83 Cr. Shareholders will vote on appointing Kirtane & Pandit LLP as new statutory auditors and R. S. Rajpurohit & Co. as secretarial auditors. Approval for related party transactions up to ₹1 Cr for FY26 is also on the agenda. Auditors noted delays in IEPF transfers and an independent director's pending proficiency test. The company plans to diversify into shore-based infrastructure projects.

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