Dolphin Medical Services Ltd — Important, 15-05-2026: Company Update

Dolphin Medical Services is seeing a change in control. Two individuals have announced an open offer to acquire 39,25,988 equity shares, representing 26.00% of the company, at ₹4.80 per share. This open offer follows their prior acquisition of 31,63,390 shares (20.95%) from existing promoters for approximately ₹0.57 Cr. The total consideration for this open offer would be around ₹1.88 Cr. This move signifies the acquirers' intent to become new promoters and gain control of the company. Public shareholders can participate in this offer.