NSECorrigendum4d ago · 18 Sept 2026, 04:18 pm

Corrigendum

Dreamfolks Services Limited · DREAMFOLKS

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Dreamfolks Services Limited has issued a Corrigendum to its Annual Report for the Financial Year 2025-26, correcting errors in the report and notes to the consolidated financial statements.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Dreamfolks Services Limited has informed the Exchange regarding Corrigendum to Annual Report for the Financial Year 2025-26 pertaining to the 18th Annual General Meeting to be held on September 28, 2026

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DREAMFOLKS24_18092026161819_DFSL_Corrigendum_Signed.pdf

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Dreamfolks Services Limited Unit No. 301-307, Tower B, Good Earth Trade Tower, Sector-62, Gurgaon-122001, Haryana, India | Tel: 0124-4037306 www.dreamfolks.com | info@dreamfolks.com CIN: L51909DL2008PLC177181 September 18, 2026 To, To, The Secretary, Listing Department The Listing Manager, Listing Department BSE Limited National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, 5 Floor, Plot No. C-1, Dalal Street Block G, Bandra Kurla Complex, Scrip Code: Symbol: Mumbai – 400001 Bandra (E), Mumbai-400051 543591 DREAMFOLKS Subject: Corrigendum to the Annual Report for the Financial Year 2025–26 Dear Sir(s)/ Madam(s), This is in continuation of the Company's intimation dated August 27, 2026, whereby the Notice of the 18 Annual General Meeting ("AGM") of the Company, scheduled to be held on Monday, September 28, 2026 at 11:30 A.M. IST through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) (“AGM Notice”) and the Annual Report of the Company for the Financial Year 2025-26 (“Annual Report”), were submitted to the Stock Exchanges and circulated to the Shareholders of the Company on the same day. In this regard, please find enclosed herewith the Corrigendum to the AGM Notice and Annual Report (“Corrigendum”). The Corrigendum is being sent through e-mail to all the Shareholders to whom the AGM Notice and Annual Report was circulated on August 27, 2026, at their registered e-mail IDs and will also be made available on the website of the Company i.e. www.dreamfolks.com. The Corrigendum forms an integral part of the AGM Notice & Annual Report circulated to the shareholders on August 27, 2026, and on and from the date thereof, the AGM Notice and Annual Report shall be read in conjunction with this Corrigendum. Except for the corrections specifically set forth in the Corrigendum, all other contents of the AGM Notice & Annual Report shall remain unchanged. A copy of the updated Annual Report is also available on the Website of the Company at www.dreamfolks.com. We sincerely regret any inconvenience that has been caused to the Members and other stakeholders due to the aforesaid inadvertent errors. R egd. Office: 26, DDA Flats, Shivalik Road, Panchsheel Park, South Delhi, New Delhi-110017 Dreamfolks Services Limited Unit No. 301-307, Tower B, Good Earth Trade Tower, Sector-62, Gurgaon-122001, Haryana, India | Tel: 0124-4037306 www.dreamfolks.com | info@dreamfolks.com CIN: L51909DL2008PLC177181 You are hereby requested to take the above intimation on record. Thanking You! Yours Faithfully, For Dreamfolks Services Limited Harshit Gupta Company Secretary and Compliance Officer Encl: as above Regd. Office: 26, DDA Flats, Shivalik Road, Panchsheel Park, South Delhi, New Delhi-110017 Dreamfolks Services Limited Unit No. 301-307, Tower B, Good Earth Trade Tower, Sector-62, Gurgaon-122001, Haryana, India | Tel: 0124-4037306 www.dreamfolks.com | info@dreamfolks.com CIN: L51909DL2008PLC177181 Corrigendum to the Notice of 18th Annual General Meeting and Annual Report of Dreamfolks Services Limited (“the Company”) for the financial year ended 2025-26 The Company is issuing this Corrigendum to the AGM Notice and Annual Report to bring the f1o. lPloawgien 2g 3c7or -rNecottioens st oto S tthaen ndoatliocnee o fF tihnea nMceiaml bsetarst eamnde notth er Stakeholders of the Company: Revenue from operations URnevdeenr uNeo tfer oNmo. c2o4n –t r“act with customers (refer ”n tohtee S2u4b.-1h -e a2d4i.n3g): shall be read as: Revenue from contract with customers (refer note 24.1 - 24.4) Further, Note No. 24.4 which was inadvertently missed earlier, has now been incorporated at page 238 of the Annual Report. 2. Page 304 – Notes to Consolidated Financial Statements “Revenue from Operations” “URnedveern Nuoet efr Noom. 2 c6o n– tracts with customers (refer, Nthoet seu 2b6-h.1e–a2d6in.2g): ” shall be read as: “Revenue from contracts with customers (refer Note 26.1–26.4)” Further, Note No. 26.4, which was inadvertently missed earlier, has now been incorporated at page no 305 of the Annual Report. The aforesaid corrections are non-material in nature, had been duly captured in the Board Report of Company and other relevant sections of the Annual Report and do not have any impact on the Notice convening the 18 Annual General Meeting, the resolutions proposed for approval of the Members, the voting rights of the Members, or any other financial information contained in the Annual Report. Except for the corrections specifically set out in this Corrigendum, all other contents of the AGM Notice and Annual Report shall remain unchanged. This Corrigendum shall form an integral part of the AGM Notice and Annual Report which has already been circulated to Members of Company and on and from the date thereof, the Annual Report shall always be read in conjunction with this Corrigendum. This Corrigendum will also be made available on website of the Company at www.dreamfolks.com, on the website of the stock exchanges i.e. BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com, respectively, a nd on the website of National Securities Depository Limited at https://www.evoting.nsdl.com/. Regd. Office: 26, DDA Flats, Shivalik Road, Panchsheel Park, South Delhi, New Delhi-110017 Technology Platform Ten11 Hospitality Contents easy to travel (ETT) Beyond Transition. 02 50 Towards Transformation People & Culture 04 52 Corporate Overview Community Engagement 06 54 Key Highlights Board of Directors 08 Other Key Managerial Personnel & Milestones Senior Management Personnel Awards & Accolades Corporate Information Message from the 12 Management Discussion Chairperson & Managing Director and Analysis Key Performance Indicators Business Responsibility and Sustainability Report Operating Landscape Board’s Report Value Creation Model Corporate Governance Global Expansion Notice Client Ecosystem Standalone Lifestyle Services Portfolio 32 Financial Statements 196 DreamFolks Club 2.0: A New Chapter Consolidated in Consumer Engagement 38 Financial Statements 263 Beyond Transition. Every business has a year that reshapes it. For DreamFolks, FY 2025–26 was that year. The ecosystem that defined our first decade shifted beneath us. The domestic lounge business that once defined us contracted. Familiar rules of access gave way to new ones. For a while, growth had to be measured differently: not in revenues, but in resolve. It would have been easy to call this a difficult year and leave it there. But we have never believed that difficulty is the whole story. It is only the beginning of one. A transition is not an ending. It is a hinge. The moment when what a company was, stops being enough, and what it could be starts to matter more. We chose to stand at that hinge and push forward. Beyond the transition, we could see something the numbers alone could not yet show: a company no longer defined by a single service, a single market, or a single model. A company ready to become something larger than what it had been. Towards Transformation. Transformation does not announce itself. It could be a deal signed in a new geography, in a service that did not exist few years ago, or in a team that chose conviction over caution when both were available. This year, it showed up in all three. We entered markets we had only planned for. We built services our clients were yet to ask for. We acquired the infrastructure of our next chapter — railway lounges, a global distribution platform, a consumer membership ecosystem, and began the work of making them earn their place. Transformation, done well, does not erase the difficulty that preceded it. It justifies it. Every disruption forced a decision. Every decision moved us further from where we started and closer to where we intend to go: new geographies, and new services, and new ways of reaching the people we serve. That is the story this report tells: not of a company that merely endured a hard year, but of one that used it. The [Showing first 8,000 characters — download PDF for full document]