Amandhar Reddy Kotha and Mallour Rajesh Kumar to Acquire 26 Percent Voting Share in Dolphin Medical Services Limited
Amandhar Reddy Kotha and Mallour Rajesh Kumar have proposed an open offer to acquire up to 39,25,988 fully paid-up equity shares of Dolphin Medical Services Limited. The acquisition represents 26.00 percent of the voting share capital of the target company.The offer is priced at ₹4.80 per equity share for shares carrying a face value of ₹10 each. The transaction is directed toward the public shareholders of Dolphin Medical Services Limited.
Rarever Financial Advisors Private Limited is serving as the manager for this offer. The identified date to determine the names of the shareholders who will receive the Letter of Offer is fixed for July 17, 2026.
The key parameters of the proposed transaction are detailed below:
| Parameter | Details |
|---|---|
| Target Company | Dolphin Medical Services Limited |
| Acquirers | Mr. Amandhar Reddy Kotha and Mr. Mallour Rajesh Kumar |
| Total Offer Shares | Up to 39,25,988 |
| Offer Price | ₹4.80 per equity share |
| Face Value | ₹10 per equity share |
| Voting Share Percentage | 26.00 percent |
| Identified Date | July 17, 2026 |
Stock Price Movement
Dolphin Medical Services Ltd shares settled at ₹8.28 on Monday, sliding down 4.50%. The stock fluctuated between an intraday low of ₹8.24 and a high of ₹9.10 before the closing bell.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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