Outcome of Board meeting held on Monday, 31st August, 2026

Date: 31/08/2026 The Manager, Department of Corporate Services BSE Limited. Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001. Scrip Code -: 531471 Scrip Name-: DUKEOFS Dear Sir / Madam, Sub: - Outcome of Board meeting held on Monday, 31st August, 2026. Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of Duke Offshore Ltd at its meeting held today i.e. Monday, 31st August, 2026, at 3.30 P.M. at 3rd Floor, Mansionz One, Linking Road, SV Road, Bandra West, Mumbai – 400050, inter alia, considered and approved the following matters: 1. Board's Report for FY 2025-26: The Board considered and approved the Board's Report of the Company for the financial year ended 31st March 2026, together with the requisite annexures thereto. 2. Approval for alteration of the Object Clause of the Memorandum of Association: The Board considered and approved the proposal for alteration of the Object Clause of the Memorandum of Association of the Company, subject to approval of the Members and such other statutory/regulatory approvals as may be required. The proposed alteration is intended to enable the Company to explore and undertake business opportunities in the areas of:  Mining & Natural Resources;  Power, Energy & Marine Resources; and  Artificial Intelligence, Data Centres & Advanced Technology, along with activities incidental or ancillary thereto. The Board approved the proposal for placing the same before the Members of the Company for their approval by way of Special Resolution at the ensuing Annual General Meeting. The details of the proposed alteration are enclosed as Annexure-I. 3. Approval for shifting of Registered Office: The Board approved the shifting of the Registered Office of the Company from 403, Urvashi HSG Society Ltd., Off Sayani Road, Prabhadevi, Mumbai, Maharashtra – 400025 to 3A 3rd Floor, Mansionz One Plot No 260 265, Linking Road, Bandra (W), Shopper Stop, Mumbai, Maharashtra – 400050, subject to completion of applicable statutory and regulatory formalities. The Board also authorised the Directors/Company Secretary of the Company to undertake necessary filings, intimations and compliances with the Registrar of Companies and other authorities. 4. Recommendation for regularisation of appointment of Directors: The Board considered and approved the proposal for placing before the Members at the ensuing AGM the resolutions relating to regularisation/appointment of the following Directors: a. Mrs. Aksha Mohit Kamboj (DIN: 03347200) Non-Executive Non-Independent Director, liable to retire by rotation. b. Mr. Sukumar Anand Shetty (DIN: 03540525) Non-Executive Non-Independent Director, liable to retire by rotation. c. Mr. Ashutosh Janak Kumar Thakar (DIN: 10251729) Regularisation as Director and appointment as Whole-Time Director, subject to approval of Members and applicable statutory requirements. d. Mr. Rajesh Chunilal Bhojani (DIN: 01804482) Independent Director for a period of five consecutive years, subject to approval of Members. e. Mr. Vaibhav Agarwal (DIN: 11267514) Independent Director for a period of five consecutive years, subject to approval of Members. f. Mr. Arjun Bikas Dutta (DIN: 11845860) Independent Director for a period of five consecutive years, subject to approval of Members. The detailed disclosures relating to the Directors proposed to be regularised/appointed are enclosed as Annexure-II. 5. Approval for increase in Authorised Share Capital: The Board approved the proposal for increase in the Authorised Share Capital of the Company from: ₹30,00,00,000/- (Rupees Thirty Crore) divided into 3,00,00,000 equity shares of ₹10/- each to ₹100,00,00,000/- (Rupees One Hundred Crore) divided into 10,00,00,000 equity shares of ₹10/- each, subject to approval of the Members of the Company. The consequent alteration of Clause V of the Memorandum of Association was also approved for being placed before the Members at the ensuing AGM. 6. Approval for Sale/Disposal of Assets: The Board considered and approved the proposal for sale/disposal of certain assets of the Company, subject to applicable laws, statutory/regulatory approvals and finalisation of the terms and conditions of the transaction. The sale/disposal shall be undertaken at such consideration and on such terms and conditions as may be mutually agreed with the prospective buyer(s), in the interest of the Company. The Board authorised the Whole-Time Director/Company Secretary/authorised officer(s) of the Company to negotiate, finalise and execute the necessary agreements, deeds and other documents and to undertake all necessary acts, deeds, matters and filings in connection with the proposed transaction. The detailed disclosures relating to the proposed sale/disposal are enclosed as Annexure-III. 7. Notice of 40th Annual General Meeting: The Board Approved the convening of Annual General Meeting (‘AGM’) of the members of the Company on Wednesday, September 30, 2026 through Video Conferrencing or Other Audio Visual Means (“VC OR OAVM”) for obtaining the shareholders’ approval for the above-mentioned items. The AGM notice shall be submitted to stock exchange when it will be circulated to members of the Company as per the applicable provision of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; 8. Closure of Register of Members and Share Transfer Books: The Board approved the closure of the Register of Members and Share Transfer Books of the Company in connection with the 40th Annual General Meeting of the Company from Thursday, 24th September, 2026 to Wednesday, 30th September, 2026 (both days inclusive) 9. Cut-off Date for E-voting: The Board approved the Cut-off Date for determining the eligibility of members entitled to participate in the remote e-voting process in connection with the 40th Annual General Meeting of the Company i.e. 23rd September, 2026 10. Appointment of Scrutinizer: The Board approved the appointment of Mr. Puneet Motwani, Practicing Company Secretary, Proprietor of M/s. Puneet Motwani & Associates (ACS No. A38530, CP No. 27593) as the Scrutinizer for the remote e- voting process and voting at the 40th AGM, to conduct the same in a fair and transparent manner. 11. Appointment of E-voting/AGM Service Provider: The Board approved the proposal for availing the services of National Securities Depository Limited (NSDL) as the e-voting/AGM service provider/intermediary, subject to finalisation of the applicable arrangements. 12. Any Other Business: The Board considered and transacted such other business as was placed before it with the permission of the Chair. We further inform you that the Board Meeting commenced at 3.30 P.M today and concluded at 6.30 P.M This is for your information and records. Kindly acknowledge the receipt. Thanking you, Yours Faithfully, For Duke Offshore Ltd Ashutosh Janak Kumar Thakar Additional Director DIN: 10251729 ANNEXURE-I DISCLOSURE OF MATERIAL EVENT UNDER REGULATION 30(2) OF SEBI (LISTING OBLIGATION AND DISCLOUSRE REQUIREMENTS) REGULATION, 2015- SUMMARY OF AMENDMENTS TO THE MOA & AOA OF THE COMPANY Pursuant To Provisions of Regulation 30(2) OF SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, the Company hereby Circular discloses the material event as provided in the Schedule III of Listing Regulations: DETAILS OF PROPOSED ALTERATION OF OBJECT CLAUSE The Company has been evaluating opportunities to diversify and expand its business operations in mining, minerals, metals, precious stones, steel, engineering, power and energy sectors, including but not limited to conventional as well as renewable sources of energy. With a view to providing the Company with a broader and more comprehensive object framework and enabling it to undertak [Showing first 8,000 characters — download PDF for full document]