BSECompany Update11 Aug 2026 · 11 Aug 2026, 03:04 pm
Saffron Capital Advisors Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Reminder Advertisement dated August 10, 2026 for attention of the Public Shareholders of Duke ....
Duke Offshore Ltd · 531471
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Duke Offshore Ltd has received a reminder advertisement for an open offer by Aspect Global Ventures Private Limited to acquire up to 25,62,872 equity shares, representing 26% of the voting share capital, at ₹30 per share.
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Duke Offshore Ltd - 531471 - Reminder Advertisement
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Saffron Capital Advisors Private Limited
304, A Wing, 215 Atrium,
M V Road, Chakala,
Andheri East, Mumbai-400093
Tel.: +91-22-49730394
Email: info@saffronadvisor.com
Website: www.saffronadvisor.com
CIN No.: U67120MH2007PTC166711
August 11, 2026
Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street, Mumbai – 400001
Scrip Code: 531471
Dear Sir,
Subject: Open Offer by Aspect Global Ventures Private Limited ("Acquirer"), to acquire up to 25,62,872 (Twenty Five
Lakh Sixty Two Thousand Eight Hundred and Seventy Two) fully paid-up Equity Shares of face value of ₹ 10/- (Rupees
Ten only) each for cash at a price of ₹ 30/- (Rupees Thirty only) per Equity Shares aggregating up to ₹ 7,68,86,160/-
(Rupees Seven Crore Sixty Eight Lakhs Eighty Six Thousand One Hundred Sixty only), representing 26% (Twenty Six
Percent) of the Voting Share Capital of the Duke Offshore Limited (“Target Company”), to the Public Shareholders
of Target Company pursuant to and in compliance with the requirements of the Securities and Exchange Board of
India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI (SAST) Regulations,
2011”) (“Offer” Or “Open Offer”)
We have been appointed as ‘Manager’ to the captioned Open Offer by the Acquirer in terms of Regulation 12(1) of the SEBI
(SAST) Regulations, 2011. In this regard, we are enclosing the following for your kind reference and records:
A copy of “Reminder Advertisement” dated August 10, 2026. The Reminder Advertisement was published today i.e., on
August 11, 2026, in the following newspapers: -
Sr. Newspapers Language Editions
1 Financial Express English All Editions
2 Jansatta Hindi All Editions
3 Navshakti Marathi Mumbai Edition –
Place where registered office of the Target Company is situated and
Place of Stock Exchange at which shares of the Target Company are
listed
In case of any clarification required, please contact the person as mentioned below:
Contact Person Designation Contact Number E-mail Id
Pooja Jain Senior Manager pooja@saffronadvisor.com
+91-022-49730394
Shivam Sharma Assistant Manager shivam@saffronadvisor.com
We request you to kindly consider the attachments as good compliance and disseminate it on your website.
For Saffron Capital Advisors Private Limited
Pooja Jain
Senior Manager
Equity Capital Markets
Encl: a/a
Registered Office: 605, Sixth Floor, Centre Point, J B Nagar, Andheri East, Mumbai-400059/ SEBI Registration No: INM000011211
DUKE OFFSHORE LIMITED
Registered Office: 403-Urvashi HSG Society Ltd, Off Sayani Road, Prabhadevi, 400025.
Mumbai, Maharashtra, India. | Corporate Identification Number (CIN): L45209MH1985PLC038300
Tel. No.: 91- 8828846847 | Email id: info@dukeoffshore.com | Website: www.dukeoffshore.com
This Advertisement is being issued by, Saffron Capital Advisors Private Limited (“Manager to the Open Offer”), on
behalf of, Aspect Global Ventures Private Limited (“Acquirer”), to acquire up to 25,62,872 (Twenty Five Lakh Sixty
Two Thousand Eight Hundred and Seventy Two) fully paid-up Equity Shares of face value of `10/- (Rupees Ten
only) each for cash at a price of `30/- (Rupees Thirty only) per Equity Shares aggregating up to `7,68,86,160/-
(Rupees Seven Crore Sixty Eight Lakhs Eighty Six Thousand One Hundred Sixty only), representing 26% (Twenty
Six Percent) of the Voting Share Capital of the Duke Offshore Limited (“Target Company”), to the Public Shareholders
of Target Company pursuant to and in compliance with the requirements of the Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI (SAST) Regulations, 2011”)
(“Offer” or “Open Offer”).
Kind Attention- Physical Shareholders of Duke Offshore Limited
Eligible Shareholders holding Equity Shares in physical form and who have not received the physical copy of Letter
of Offer (“LOF”) for any reason whatsoever, may send request to Registrar to the Open Offer, Cameo Corporate
Services Limited at rights@cameoindia.com and avail soft copy of the LOF. Alternatively, Eligible Shareholders
may also download the soft copy of LOF from the websites of SEBI i.e., www.sebi.gov.in or Manager to the Open
Offer www.saffronadvisor.com or BSE www.bseindia.com. Eligible Shareholders are required to refer to the Section
titled “Procedure for Acceptance and Settlement of the Offer” at page no. 48 of the LOF in relation to inter alia the
procedure for tendering their Equity Shares in the Open Offer and are required to adhere to and follow the procedure
outlined therein.
Capitalized terms used but not defined in this Advertisement shall have the same meanings assigned to such terms in
the Public Announcement and/or DPS and/or LOF and/or Offer Opening Public Announcement and Corrigendum. The
Acquirer accepts full responsibility for the information contained in this Advertisement and also for the obligations of the
Acquirer as laid down in SEBI (SAST) Regulations, 2011.
ISSUED BY THE MANAGER TO THE OPEN OFFER ON
REGISTRAR TO THE OPEN OFFER
BEHALF OF THE ACQUIRER
SAFFRON CAPITAL ADVISORS PRIVATE LIMITED CAMEO CORPORATE SERVICES LIMITED
605, Sixth Floor, Centre Point, Andheri-Kurla Road, Subramanian Building, No. 1, Club House Road,
J. B. Nagar, Andheri (East), Mumbai - 400 059, Chennai - 600002, Tamil Nadu, India
Maharashtra, India. Tel. No.: +91 44 4002 0700 / 2846 0390
Tel. No.: +91 22 49730394 E-mail id: rights@cameoindia.com
Email id: openoffers@saffronadvisor.com Investor grievance id: investor@cameoindia.com
Website: www.saffronadvisor.com Website: www.cameoindia.com
Investor grievance id: investorgrievance@saffronadvisor.com
SEBI Registration No.: INR000003753
SEBI Registration No.: INM000011211
Validity: Permanent
Validity: Permanent
Contact Person: K Sreepriya
Contact Person: Shivam Sharma / Shruti Tiwari
Place: Mumbai
Date: August 10, 2026
marathi.freepressjournal.in
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