Dolphin Medical: Open Offer for 26% Shares at ₹4.80

Rarever Financial Advisors, acting as the Manager to the Offer, announced a Detailed Public Statement on behalf of Mr. Amarandhar Reddy Kotha and Mr. Mallour Rajesh Kumar (the Acquirers) for an open offer to acquire up to 39,25,988 equity shares of Dolphin Medical Services Limited, constituting 26% of the total paid-up equity shares. The offer price is ₹4.80 per equity share, payable in cash. This open offer complies with Regulation 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.