Duke Offshore acquired; MD, CFO and 3 independent directors resign

CEO resignedCFO resignedMultiple independent directors resignedKey managerial personnel resignedDirector resignedManagement Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹35.34

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+3.2% vs market

Oil peers, median of 16sector · industry level-0.6%+2.5% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 2.5 pts more than its Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0-1.3+3.2-0.6+2.5

Next day

+4.0-0.8+4.8-0.3+4.3

+6.1-1.4+7.5+1.1+4.9

+8.2-0.3+8.5+2.4+5.8

+10.3+1.0+9.3+1.8+8.6

+12.5+1.5+11.0+2.4+10.1

+17.0+3.1+13.9+1.6+15.5

15d

+37.0+4.1+32.9+9.6+27.4

+60.4+4.8+55.6+6.7+53.6

+137.9+3.1+134.8+8.2+129.8

—-3.6—-3.7—

UpDownMarket · Nifty Microcap 250Sector · Oil peers, median of 16Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Duke Offshore was acquired by Aspect Global Ventures. Following this, MD Avik Duke, Executive Director Vipul Patel, 3 Independent Directors (Pranay Mehta, Revati Pambala, Ameet Kimbahune), and CFO Venkatesham Busa resigned on 27 July 2026. Six new directors were appointed, mostly from the acquirer.

Likely market impact

Major board reshuffle after Aspect Global Ventures acquisition. Promoter MD and CFO exit; new directors take charge, direction may shift.