Q1 FY27 Results: E-Tunnel Inc Acquisition Completed
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IDream Film Infrastructure posted Q1 FY27 unaudited results. Major event: company completed 100 percent acquisition of E-Tunnel Inc, South Korea on May 21, 2026 through share swap of about 2.64 crore equity shares at Rs 10 each. Also allotted 40 lakh shares to Northvale Capital Partners Singapore on preferential basis at Rs 10. Consolidated results include E-Tunnel from May 21. An exceptional gain from subsidiary disposal was booked. Standalone revenues were modest. Auditor Kanu Doshi Associates issued clean review report.
E-Tunnel Inc added to consolidated books from late May 2026. Exceptional gain lifted Q1 profit. Watch for integration and revenue traction.