Duke Offshore has fixed September 24, 2026 as the record date for its 40th Annual General Meeting. The company’s register of members will remain closed from September 24 to September 30, 2026.

The Board of Directors approved the closure pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This closure applies to both physical and dematerialized shares held by shareholders entitled to vote on businesses transacted at the meeting for the financial year ended March 31, 2026.

Voting Timeline

Shareholders holding shares as of Wednesday, September 23, 2026 are eligible for remote e-voting. The electronic voting period commences on Saturday, September 26, 2026 at 9:00 am and concludes on Tuesday, September 29, 2026 at 5:00 pm. The voting portal will be blocked immediately after this period ends.

Corporate Details

Ashutosh Janak Kumar Thakar, Additional Director of Duke Offshore Limited, signed the intimation. The company’s registered office is located in Bandra West, Mumbai.

Duke Offshore Ltd’s Board of Directors approved significant strategic shifts on August 31, 2026, including an alteration of its Memorandum of Association (MOA) to enter mining, energy, and artificial intelligence sectors.

The Mumbai-based company also authorized the sale of certain assets and proposed increasing its authorized share capital from ₹30 crore to ₹100 crore. These resolutions require shareholder approval at the 40th Annual General Meeting scheduled for September 30, 2026.

Strategic Expansion into New Sectors

The Board approved altering Clause III(A) of the MOA to enable operations in three new verticals:

• Mining & Natural Resources
• Power, Energy & Marine Resources
• Artificial Intelligence, Data Centres & Advanced Technology

This expansion aims to provide a broader framework for future growth opportunities. The Board will place this proposal before members via Special Resolution at the ensuing AGM.

Asset Disposal and Capital Increase

The company approved the sale or disposal of specific assets at market value to non-promoter buyers. The transaction is outside any Scheme of Arrangement and aims to realign resources toward the proposed new business activities. Proceeds will fund working capital requirements and investments in the new ventures.

Simultaneously, the Board recommended increasing the authorized share capital to ₹100 crore, divided into 10 crore equity shares of ₹10 each, up from the current ₹30 crore.

Director Appointments and Governance

The Board recommended the regularisation or appointment of six directors:

Operational Updates

The company also approved shifting its registered office from Prabhadevi to Bandra West, Mumbai. The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026. The cut-off date for e-voting eligibility is September 23, 2026.