Dolphin Offshore Subsidiary Gets Provisional Registration in GIFT City

Dolphin Offshore Enterprises (India) Ltd announced that its wholly-owned subsidiary, Beluga International (IFSC) Private Limited, has received a letter of provisional registration at Gujarat International Finance Tec-City (GIFT City)-IFSC, Gujarat. The subsidiary, incorporated as a Finance Company, will focus on operating lease of Ships/Ocean Vessels or other equipment. The authorized capital is ₹2,00,00,000 and subscribed capital is ₹1,82,00,000. Beluga IFSC is yet to commence business operations. The company will hold 100% share capital of Beluga IFSC.