BSECompany Update2 Nov 2026 · 2 Nov 2026, 07:57 pm
Intimation w.r.t. update on second phase of acquisition is attached herewith.
Dreamfolks Services Ltd · 543591
✦ AI SummaryM&A
Dreamfolks Services Ltd has informed about the update on the second phase of its acquisition of ETT Solutions DMCC. The completion of the transaction is expected to extend by 180 business days beyond the previously extended timeline.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Dreamfolks Services Ltd - 543591 - Updates On Second Phase Of Acquisition
Attachments (1)
📄pdf
Download →
641aadd2-efff-4cfd-930b-66cdcd25c756.pdf
View document text
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
November 02, 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, 5th Floor, Plot No. C – 1,
Dalal Street Block G, Bandra Kurla Complex,
Mumbai – 400001 Bandra (E), Mumbai- 400051
Scrip Code: 543591 Symbol: DREAMFOLKS
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir(s)/ Madam(s),
This is in continuation to the disclosures dated December 01, 2025, April 23, 2026
and May 12, 2026 made by the Company in relation to the acquisition of ETT Solutions
DMCC through a combination of secondary purchase of shares and primary subscription
to freshly issued shares.
As previously informed, the first phase of the transaction, pertaining to the secondary
acquisition of shares had been completed and duly registered with Dubai Multi
Commodities Centre Authority. Consequent thereto, the shareholding of the Company
in ETT presently stands at 34%.
The subsequent phase relating to primary subscription to freshly issued shares is
presently under process and is expected to be completed upon conclusion of the
remaining procedural and regulatory formalities. In this regard, the Company hereby
further informs that the completion of the aforesaid transaction is expected to extend
by an additional period of 180 business days beyond the previously extended timeline.
The Company continues to pursue the completion of the aforesaid transaction and will
keep the Stock Exchanges duly informed of any further material developments in
accordance with the applicable regulatory requirements.
The above information will also be available on the website of the Company at
www.dreamfolks.com.
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
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
Regd. Office: 26, DDA Flats, Shivalik Road, Panchsheel Park, South Delhi, New Delhi-110017