Duke Offshore Ltd — Important, 01-01-1970: Company Update

Aspect Global Ventures has announced an Open Offer to acquire up to 25,62,872 equity shares, representing 26% of Duke Offshore Limited's voting capital, at ₹30 per share. This offer, totaling ₹7.69 Cr, follows Aspect Global's agreement to purchase 70.61% of Duke Offshore's voting capital from existing promoters for ₹20.88 Cr. This transaction will lead to a change in control, with Aspect Global Ventures becoming the new promoter and the current promoters fully exiting. Public shareholders have an opportunity to tender their shares at the offer price.