Dreamfolks Services Limited has informed the Exchange about disclsoure pursuant to the provisions of Regulation 30 of SEBI LODR Regulations, we wish to inform that the Board of Directors of Dreamfolks Services Limited at its meeting held today i.e. November 10, 2025, (which commenced at 09:30 A.M. and concluded at 10:53 A.M.) had inter alia, considered and approved the proposal to invest for an amount not exceeding INR. 11.46 Crore in Ten 11 Hospitality LLP, by way of acquiring 50.01% partnership stake from existing partners. Upon the completion of said acquisition, Ten 11 Hospitality LLP shall become a subsidiary of the Company.
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The board of Dreamfolks Services Limited, at its meeting on November 10, 2025, approved investing up to INR 11.46 Crore to acquire a 50.01% partnership stake in Ten 11 Hospitality LLP from existing partners. This acquisition will make Ten 11 Hospitality LLP a subsidiary of Dreamfolks Services Limited. The deal is being funded through internal accruals and is expected to expand the company's presence in the hospitality services space. No details on open offer obligations or valuation methodology were disclosed in this filing.
This is a small-ticket acquisition (INR 11.46 Crore) that adds a hospitality-focused subsidiary, which could diversify Dreamfolks' revenue base. The size is modest relative to typical listed-company deal sizes, so the immediate stock reaction is likely to be limited.