General Updates

10th July, 2026 To, To, Corporate Relations Department Corporate Relations Department BSE Limited National Stock Exchange of India Ltd 2nd Floor, P.J. Towers, Exchange Plaza, Plot No. C/1, G-Block, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051. SCRIP CODE: 522261 SYMBOL: DOLPHIN Ref: Disclosure pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI (LODR) Regulations, 2015”) With reference to the captioned subject, we would like to inform that “Beluga International (IFSC) Private Limited” (“Beluga IFSC”), a wholly owned subsidiary of the Company has received a letter of provisional registration at Gujarat International Finance Tec-City (GIFT City)-IFSC, Gujarat on 10th July, 2026. The information pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is as under. Sr. No Disclosure Requirement Details a) Name of the target entity, details in Incorporation of a new Company i.e. Beluga brief such as size, turnover etc. International (IFSC) Private Limited” (“Beluga”) in GIFT City, Gandhinagar, Gujarat. Authorized Capital: ₹ 2,00,00,000 /- (2,00,00,000 Equity Shares of ₹ 1/- each) Subscribed Capital & Paid up Capital: ₹ 1,82,00,000 /- (1,82,00,000 Equity Shares of ₹ 1/- each) (yet to infuse paid up capital ) Size/Turnover: Not applicable (yet to commence business operations) b) Whether the acquisition would fall Not Applicable within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being Website: www.dolphinoffshore.com CIN: L11101MH1979PLC021302 ® REGISTERED TRADE MARK acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. c) Industry to which the entity being Finance Company i.e. the Company will be in the acquired belongs business of operating lease of Ships/Ocean Vessels or any other equipment as may be specified by the Authority from time to time. d) Objects and impact of acquisition Not Applicable (Including but not limited to disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) e) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition. f) Indicative time period for Not Applicable completion of the acquisition g) Nature of consideration - whether Cash consideration. (Will be paid once the Bank cash consideration or share swap Accounts are opened) and details of the same; h) Cost of acquisition or the price at ₹ 1,82,00,000 /- (1,82,00,000 Equity Shares of ₹ 1/- which the shares are acquired; each) by way of subscription to the share capital i) Percentage of shareholding / control The Company will hold 100% share capital of acquired and / or number of shares Beluga. acquired; j) Brief background about the entity Beluga IFSC has received a letter of provisional acquired in terms of products/line registration as a Finance Company at Gujarat of International Finance Tec-City (GIFT City)-IFSC, business acquired, date of Gujarat on 10th July, 2026. Beluga IFSC is a private incorporation, history of last 3 years limited company incorporated under the provisions turnover, country in which the of Companies Act, 2013, having CIN – acquired entity has presence and U64990GJ2026PTC174581 with its registered office any other significant information (in in GIFT City, Gujarat. brief); History/Turnover – Not applicable (as Beluga is yet to commence its business operations) Country in which the acquired entity has presence: India Website: www.dolphinoffshore.com CIN: L11101MH1979PLC021302 ® REGISTERED TRADE MARK You are requested to take the same in your records. Thanking you, For, Dolphin Offshore Enterprises (India) Limited Krena Khamar Company Secretary & Compliance Officer Membership No. A62436 Website: www.dolphinoffshore.com CIN: L11101MH1979PLC021302 ® REGISTERED TRADE MARK