IDC recommends Open Offer for Dolphin Medical at Rs 4.80 per share

Committee of Independent Directors of Dolphin Medical Services has recommended the Open Offer by Mr Amarandhar Reddy Kotha and Mr Mallour Rajesh Kumar as fair and reasonable at Rs 4.80 per share for 39,25,988 equity shares, representing 26% of paid-up capital. Letter of Offer dispatched on July 22 to 24, 2026. Tendering period runs from July 31 to August 13, 2026. No competing offer. Acquirers deposited Rs 1.90 crore in escrow, over 100% of the offer consideration.