Dreamfolks completes acquisition of 50.01% stake in Ten 11 Hospitality LLP

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DREAMFOLKS · price

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Price reactionminutes from the announcement price · days from the prior close

-4.5%Reaction day

₹134.50

prior close

₹135.76

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-4.2% vs market

Transport Infrastructure peers, median of 13sector · industry level+1.4%-5.9% vs sector

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 5.9 pts less than its Transport Infrastructure peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

-0.4

15m

-0.0

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.5-0.3-4.2+1.4-5.9

Next day

-4.2+0.7-4.8+1.0-5.1

-6.6+0.6-7.2+0.3-7.0

-8.9+0.5-9.4+0.1-9.0

-8.2+1.1-9.3+0.3-8.5

-9.2+0.3-9.5-1.1-8.1

-12.0-0.2-11.7-1.6-10.4

15d

-10.0-2.2-7.8-2.5-7.6

-16.5-4.9-11.6-8.6-7.9

-23.8-7.5-16.3-10.1-13.7

-30.9-4.8-26.1-12.8-18.1

UpDownMarket · Nifty Microcap 250Sector · Transport Infrastructure peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Dreamfolks Services Limited has completed the acquisition of a 50.01% partnership stake in Ten 11 Hospitality LLP from its existing partners. Consequent to the acquisition, Ten 11 Hospitality LLP has become a subsidiary of Dreamfolks. The disclosure was made under Regulation 30 of SEBI LODR Regulations, as a follow-up to an earlier intimation on the same day.

Likely market impact

Ten 11 Hospitality LLP is now a subsidiary, bringing its financials onto Dreamfolks books and expanding its hospitality footprint.