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Incorporated on April 24, 2008, DreamFolks Services Ltd is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology-driven platform.
Dreamfolks pivoted to global and lifestyle services as domestic lounge business contracted, acquiring Ten11 Hospitality for railway lounges and pursuing ETT for international expansion. A new B2C membership, DreamFolks Club 2.0, launched. Consolidated PAT for FY26 fell to 11.62 Cr. The Company faces an IBC petition for 11.40 Cr, which...
Dreamfolks will hold its 18th Annual General Meeting via video conferencing to review the FY25-26 Annual Report. Shareholders without registered emails will receive direct links to access documents.
Dreamfolks' board approved Q4 FY26 results, showing a ~13 Cr loss. A creditor filed an IBC petition for ~11.40 Cr, which the company disputes. Business expansion includes acquiring 50.01% of Ten 11 Hospitality for ~11.45 Cr and initial stake in UAE-based ETT Solutions (total ~36 Cr investment planned).
Dreamfolks granted 1.98 lakh employee stock options under its ESOP 2021. Each option converts into one equity share at an exercise price of Rs. 96.46, leading to potential future equity dilution.
Dreamfolks completed the first phase of its ETT Solutions DMCC acquisition, securing a 34% stake. The second phase, involving primary share subscription, is processing but may extend beyond original timelines. Dreamfolks remains committed to closing the transaction.