Dolphin Offshore to increase share capital

New Delhi, Sep 08 (UNI) Dolphin Offshore Enterprises India Ltd today said it will increase the share capital of the company to Rs 25 crore.

The company's current share capital stands at Rs 10 crore.

The members at the annual general meeting have also declared a dividend of 25 per cent.

The company has recently completed the acquisition of Procyon Offshore Services Pvt Ltd, which has become a wholly owned subsidiary of the company.

The company has set up its presence in Saudi Arabia, Qatar, Kuwait, UAE and Iran through joint venture and agency/representation agreements.

UNI SRS CS HS1444