Open Offer23 May 2026, 09:30 am
Dolphin Medical: Open Offer for 26% Shares at ₹4.80
AI Summary
Rarever Financial Advisors, acting as the manager, announced an open offer on behalf of Mr. Amarandhar Reddy Kotha and Mr. Mallour Rajesh Kumar to acquire up to 39,25,988 equity shares of Dolphin Medical Services Ltd, constituting 26% of the company's total paid-up equity. The offer price is ₹4.80 per share, payable in cash. This open offer complies with SEBI's Substantial Acquisition of Shares and Takeovers Regulations.
Key Highlights
- Open offer for 26% of Dolphin Medical Services' equity shares.
- Offer price is set at ₹4.80 per equity share.
- Acquirers are Mr. Amarandhar Reddy Kotha and Mr. Mallour Rajesh Kumar.
- Rarever Financial Advisors is managing the open offer.
- Total consideration for full acceptance is ₹1,88,44,743.
Price Impact
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