BSEDolphin Medical Services LtdMediumNeutral
Announced Thu, 16 Jul · 12:45 IST
Open Offer for 26% stake in Dolphin Medical at Rs 4.80 per share
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Open offer by Mr Amarandhar Reddy Kotha and Mr Mallour Rajesh Kumar to acquire up to 39,25,988 equity shares representing 26% voting share capital of Dolphin Medical Services at Rs 4.80 per share from public shareholders. Identified date fixed as July 17, 2026 for sending the Letter of Offer. Rarever Financial Advisors is the Manager to the Offer. This follows the public announcement dated May 15, 2026 and detailed public statement on May 22, 2026.
Likely market impact
Public shareholders can tender shares at Rs 4.80; open offer signals possible change in control. Letter of Offer dispatch begins from July 17, 2026.