All 12 resolutions passed at Duke Offshore 40th AGM
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Duke Offshore held its 40th AGM on September 30, 2026 via video conferencing. All 12 resolutions were passed with about 99.99% votes in favour. Key items included adoption of FY26 financial statements, regularisation of 5 directors, change in the object clause of the MOA, sale of fixed assets, increase in authorised share capital, and approval of material related party transactions and loans under Section 186. Promoters held 6,959,800 shares (about 70.6%) and voted on all items except the related party resolution. Total voting turnout was 71.37% of outstanding shares.
Routine procedural clearance. Sale of fixed assets, higher authorised capital, and MOA change signal possible restructuring or business expansion plans.