Dreamfolks Services Management Change
Dreamfolks' board appointed Meena Lall as Independent Director and Sanyam Nagpal as Executive Director, effective 1 January 2027. TRC Corporate Consulting was also named internal auditor.
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Dreamfolks' board appointed Meena Lall as Independent Director and Sanyam Nagpal as Executive Director, effective 1 January 2027. TRC Corporate Consulting was also named internal auditor.
Dreamfolks became surety for Ten 11 Hospitality, placing Rs.11 Crore of fixed deposits as security. It is a contingent liability with no immediate cash outflow.
Q2 FY27 revenue Rs 311 Mn, adj. EBITDA Rs (88) Mn, PAT Rs (107) Mn; H1 revenue Rs 701 Mn, PAT Rs (246) Mn. Pivot toward lifestyle and non-lounge services.
Dreamfolks Services Ltd reported revenue from operations of ₹31.1 Cr (-84.9% YoY) and a net loss of ₹10.7 Cr for Q2 FY27.
Dreamfolks holds 34% of ETT Solutions DMCC after phase one. Phase two, the primary share subscription, is extended by 180 business days.
Board of Dreamfolks Services is scheduled for November 3, 2026, to approve unaudited results for Q2 and H1 FY27. No new disclosures are made.
The company submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI Regulation 31(1)(b).
Dreamfolks Services received a favourable order from the GST Appellate Authority, setting aside a previous tax demand of ₹1.49 Crore plus interest.
DreamFolks Services Limited launched the 'DreamFolks Club Nagavalli Wilderness Estate', a members-only private club on the Odisha-Andhra Pradesh border, expanding its hospitality footprint.
Dreamfolks Services received a GST show cause notice totaling Rs. 1.58 Crore. The company anticipates no immediate material financial impact from this matter.
Dreamfolks Services Limited received a GST show cause notice for FY 2022-23. The total demand including tax and penalty amounts to Rs. 1.88 Crore.
Dreamfolks Services Limited held its 18th Annual General Meeting on September 28, 2026, via video conferencing to transact business items set forth in the meeting notice.
Dreamfolks Services issued a corrigendum to its FY2025-26 Annual Report and AGM Notice. The non-material corrections only update revenue note references, with no change to financials.
DreamFolks Services Limited announced a partnership with Elixir to provide premium spa benefits for their wellness-focused credit card. This collaboration integrates curated spa experiences into Elixir's technology-enabled platform.
Dreamfolks Services Limited notified the exchanges regarding the dispatch of its 18th Annual General Meeting notice and Annual Report for FY 2025-26 to its members.
Dreamfolks Services Limited has scheduled its 18th Annual General Meeting for September 28, 2026, and filed the accompanying Annual Report for FY 2025-26.
Dreamfolks reported a sharp revenue decline and net loss in Q1 FY27, primarily due to geopolitical conflicts impacting Middle East traffic and high expansion costs.
Q1 FY27 results show a sharp decline in profitability despite revenue diversification. Management transition to a Travel and Lifestyle Benefits Technology platform is underway, though global expansion costs are impacting margins.
DreamFolks Services approved the re-appointment of Sunil Kulkarni and the appointment of Lloyd Mathias as Non-Executive Independent Directors. These board-level changes take effect in August and November 2026.
Dreamfolks Services Ltd reported revenue from operations of ₹39 Cr (-88.8% YoY) and a net loss of ₹13.8 Cr for Q1 FY27.
Dreamfolks Services Limited will hold a board meeting on August 13, 2026, to approve the standalone and consolidated financial results for the quarter ended June 30, 2026.
Dreamfolks Services Ltd has filed its quarterly shareholding pattern disclosure for the period ending June 30, 2026, as per SEBI requirements.
Dreamfolks Services Ltd. announced the results of its postal ballot, where shareholders approved a related party transaction. The resolution passed with 87.61% of votes polled.
Dreamfolks Services approved a corporate guarantee for a INR 2.50 crore loan to Ten 11 Hospitality. The guarantee is a contingent liability with no immediate cash outflow.
Dreamfolks Services Limited issued a postal ballot notice seeking approval for a ₹410 Crore related party transaction with ETT Solutions DMCC for FY 2026-27.
Dreamfolks reported a significant revenue decline to ₹660.6 cr in FY26 due to structural shifts in domestic lounge access models.
Dreamfolks reported FY26 revenue of ₹660.6 cr and PAT of ₹11.6 cr. Management is pivoting to global expansion and B2C via acquisitions like ETT and Ten11.
Dreamfolks Services Ltd reported revenue from operations of ₹52.6 Cr (-83.3% YoY) and a net loss of ₹13 Cr for Q4 FY26.
Dreamfolks Services approved its FY26 audited financial results and re-appointed S S Kothari Mehta & Co. as auditors. The results include a mandatory insolvency petition disclosure.
Dreamfolks Services Limited filed its Annual Secretarial Compliance Report for the financial year 2025-26. The report confirms overall regulatory compliance with noted governance improvements.