Dolphin offshore Enterprises (India) Limited has formally communicated to stock exchanges that it does not qualify as a Large Corporate entity under the regulatory framework established by SEBI. The company made this declaration through an official filing dated April 30, 2026, addressing both BSE and NSE regarding its corporate classification status.

Regulatory Compliance Declaration

The company's confirmation relates to SEBI Operational Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which pertains to fund raising by issuance of debt securities by large corporates. Dolphin Offshore Enterprises has explicitly stated that it does not fall under the Large Corporate category as on March 31, 2026, as defined under the aforementioned SEBI circular.

Key Filing Details

Authorized Signatories

The formal communication was digitally signed by two key officials of the company. Company Secretary and Compliance Officer Krena Khamar, holding membership number A62436, signed the document on April 30, 2026 at 14:30:56. Chief Financial Officer Divyesh Umeshkumar Shah also digitally signed the communication on the same date at 14:31:24.

Corporate Information

Dolphin Offshore Enterprises (India) Limited is headquartered at May Fair, A-11, Second Floor, New Fair Co-operative Housing Society Ltd., 26, S. V. Road, Bandra (West), Mumbai 400050. The company maintains its stock exchange presence with scrip code 522261 on BSE and symbol DOLPHIN on NSE.

Regulatory Framework Context

The SEBI circular referenced in the filing establishes specific criteria for Large Corporate classification, particularly in relation to debt securities issuance. Companies are required to confirm their status under this framework to ensure proper regulatory compliance and maintain transparency with stock exchanges and investors regarding their corporate classification.

Dolphin Offshore Enterprises (India) Limited has announced the successful completion of its postal ballot process conducted through remote e-voting for the appointment of Mr. Vinit Rameshchandra Mundra as non-executive independent director. The company informed the stock exchanges that the special resolution had been duly approved by members with the requisite majority.

The postal ballot notice was dated March 12, 2026, with the record date fixed as March 20, 2026. The total number of shareholders as on the record date stood at 14,259. The remote e-voting process commenced on March 29, 2026, at 9:00 Hours IST and concluded on April 27, 2026, at 17:00 Hours IST. The resolution was deemed to have been passed on April 27, 2026, being the last date specified for receipt of votes.

Voting Results Summary

The scrutinizer's report submitted by Aishwarya Parekh, Practicing Company Secretary, confirmed the outcome of the e-voting process. The results were unblocked and downloaded from the MUFG Intime India Private Limited website in the presence of independent witnesses.

Detailed Voting Breakdown

The appointment resolution received overwhelming support from shareholders, with all valid votes cast in favour of the proposal. There were no votes cast against the resolution, and no invalid votes were recorded during the e-voting process.

The postal ballot was conducted in accordance with Section 110 of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014, and relevant MCA circulars. The company had dispatched the postal ballot notice through email to shareholders on March 27, 2026. The scrutinizer's report dated April 28, 2026, has been submitted to the company, and the results have been declared accordingly. The reports are available on the company's website and the MUFG Intime India Private Limited voting portal.