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

Aspect Global Ventures has launched an open offer to acquire up to 26% of Duke Offshore Limited's voting shares at ₹30 per share, totaling ₹7.69 Cr. This follows an agreement to acquire a 70.61% stake from existing promoters for ₹20.88 Cr at the same price. The Acquirer's post-offer stake will be 96.61%. Aspect Global, with a net worth of ₹661.46 Cr and a Profit After Tax of ₹101.99 Cr (FY26), aims to gain management control, enhance operations, and explore business diversification for Duke Offshore, which reported a net loss of ₹0.65 Cr and total income of ₹1.55 Cr (FY26). This move signifies a major change in control and strategic direction for Duke Offshore.