Duke Offshore Limited narrowed its net loss to ₹64.82 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹219.77 lakh in the previous year. The company reported total income of ₹155.48 lakh for the year, while total expenses stood at ₹220.30 lakh. The board approved the audited standalone and consolidated financial results at a meeting held on May 30, 2026.

Financial Performance

The company's revenue from operations was nil for the year ended March 31, 2026, compared to ₹6.93 lakh in the previous year. Other income increased to ₹155.48 lakh from ₹66.74 lakh in FY25. Employee benefits expense rose to ₹104.17 lakh from ₹95.63 lakh, while depreciation and amortization expenses increased to ₹51.34 lakh from ₹46.51 lakh.

Board Decisions

The board approved the appointment of an internal auditor for the financial year 2026-27. The meeting commenced at 11:00 A.M. and concluded at 03:55 P.M. The statutory auditors, Kirtane & Pandit LLP, issued an unmodified opinion on the audited financial results.

Regulatory Disclosures

The intimation was submitted pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also disclosed related party transactions, including remuneration paid to the Managing Director and Key Managerial Personnel.

Publication of Results

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its financial results in newspapers on May 31, 2026. The advertisements appeared in the Financial Express (English) and Mumbai Lakshadweep (Marathi).

Duke Offshore Limited has filed its quarterly compliance certificate with the Bombay Stock Exchange for the quarter ended March 31, 2026, in accordance with SEBI regulations governing depositories and participants.

Regulatory Compliance Filing

The company submitted its confirmation certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was issued by Purva Sharegistry India Pvt. Ltd., which serves as the company's registered share transfer agent.

Dematerialization Activity Summary

During the quarter ended March 31, 2026, Duke Offshore processed dematerialization requests for multiple shareholders. The activity demonstrates ongoing investor participation in converting physical share certificates to electronic form.

Shareholder Dematerialization Details

The dematerialization activity involved four distinct shareholders with varying transaction sizes. The largest single dematerialization was processed for Rashmikant Kantilal Shah, involving 2,000 shares across multiple certificates on January 16, 2026.

Key shareholder transactions included:

• Rashmikant Kantilal Shah: 2,000 shares across 3 certificates
• Neeta Surendra Doshi: 800 shares across 5 certificates
• Ivan Gueizelar: 400 shares across 3 certificates
• Ashok Kumar Harchandani: 500 shares in 1 certificate
• Anil Kochhar: 100 shares in 1 certificate

Compliance Confirmation

Purva Sharegistry confirmed that all securities received from depository participants during the quarter were properly processed within prescribed timelines. The share transfer agent verified that dematerialized certificates were mutilated and cancelled after due verification, with depositories' names substituted in the register of members as registered owners.

The compliance certificate ensures adherence to SEBI regulations governing the dematerialization process and maintains transparency in share transfer operations for the quarter ended March 31, 2026.