Duke Offshore Board Approves Mining, Energy And AI Object-Clause Expansion

Board approved, subject to shareholder and regulatory approvals, a major alteration of the object clause covering mining and natural resources, power and energy, marine resources, AI, data centres and advanced technology. It also approved shifting the registered office, increasing authorised share capital from ₹30 Cr to ₹100 Cr, disposing of certain assets at market value, and regularising six recently appointed directors. AGM scheduled for 30 September 2026. This is the first concrete repurposing step after the change in control, breaking from Duke Offshore’s legacy marine-vessel profile toward a broad multi-sector platform. The proposed objects provide flexibility for diversification, technology investments and potential subsidiaries or joint ventures. No buyer, agreement, asset book value, transaction consideration, funding plan, implementation timeline or specific project was disclosed. The authorised-capital increase creates headroom for future fundraising, while all key changes