D Dolphin Offshore Enterprises (India) Limited has completed the incorporation process of its wholly owned subsidiary namely "Beluga International DMCC" in Dubai, UAE on 09th January, 2024 and Certificate of Registration received on 10th January, 2024 at 01:21 p.m. (IST). Share Capital: AED 50,000 divided into 50 Shares of value AED 1,000 each. Turnover: Beluga is yet to commence business operations.

Industry to which the entity being: Charter hiring/Leasing of Barges and Ships. Beluga has been incorporated for the purpose of carrying out the activities relating to ship charter including renting and leasing of water-transport boats, Barges & Tugs and for passenger transport or cargo, whether owned by the company or being re-chartered. Beluga has been incorporated to do the abovementioned business activities, and since it has not yet started its business activities there is no impact on the business of the Company as on date.