Announced Fri, 10 Jul · 20:00 IST
Wholly owned subsidiary Beluga IFSC gets provisional registration at GIFT City
Business Updates View source PDF
DOLPHIN · price
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Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹383.10
prior close
₹387.00
base price
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AI summary
Dolphin Offshore's wholly owned subsidiary Beluga International (IFSC) Pvt Ltd received provisional registration as a finance company at GIFT City, Gujarat on 10th July 2026. Beluga will operate in the business of operating leases of ships and ocean vessels. Authorized capital is Rs 2 crore; subscribed capital is Rs 1.82 crore. Dolphin will hold 100 percent stake. The subsidiary has not yet commenced operations.
Likely market impact
Sets up new finance arm for ship and vessel leasing at GIFT City. No immediate revenue impact as operations not yet started.