JV/AcquisitionAcquisition
Dreamfolks Services has moved to acquire a 50.01% partnership stake in Ten 11 Hospitality LLP for INR 11.46 Cr.
Dreamfolks Services LimitedDREAMFOLKS · Filed with the exchange
This strategic move aims to deeply integrate and strengthen Dreamfolks' existing railway lounge services by bringing a key service partner in-house.
Ten 11 Hospitality, which reported a FY25 turnover of INR 8.66 Cr, will become a subsidiary, enhancing physical infrastructure and asset control at crucial railway stations.
This is a clear play to boost operational control and expand offerings.
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