Dreamfolks Services Limited has informed the Exchange that 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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Dreamfolks Services Limited's Board, at its meeting on November 10, 2025, approved an investment of up to INR 11.46 Crore to acquire a 50.01% partnership stake in Ten 11 Hospitality LLP from existing partners. With this majority stake, Ten 11 Hospitality LLP will become a subsidiary of Dreamfolks Services upon completion of the deal. The acquisition is being carried out by purchasing stakes from current partners rather than through fresh capital infusion into the LLP.
This acquisition will expand Dreamfolks' business portfolio by adding a new subsidiary in the hospitality sector, though the deal size of INR 11.46 Crore is relatively modest compared to typical corporate moves and may have a limited immediate impact on the stock price.