NSEOutcome of Board Meeting2 Jul 2026 · 2 Jul 2026, 04:19 pm
Outcome of Board Meeting
Dreamfolks Services Limited · DREAMFOLKS
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Dreamfolks Services Limited has informed the Exchange regarding Outcome of Board Meeting held on July 02, 2026, where the Board approved the proposal to provide Security and Corporate Guarantee in favour of AU Small Finance Bank Ltd. to secure the Dropline Overdraft facility of INR 2.50 crore to be availed by Ten 11 Hospitality Private Limited.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Dreamfolks Services Limited has informed the Exchange regarding Outcome of Board Meeting held on July 02, 2026.
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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
July 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: Outcome of the Board Meeting held on July 02, 2026, and Disclosure under
Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (‘SEBI LODR Regulations’)
Dear Sir(s)/Madam(s),
This is to inform that the Board of Directors of the Company at its meeting held today,
i.e. July 02, 2026, (which commenced at 03:30 P.M. and concluded at 03:52 P.M.),
inter-alia, approved the proposal to provide Security and Corporate Guarantee in favour
of the lender i.e. AU Small Finance Bank Ltd., to secure the Dropline Overdraft facility
of INR 2.50 crore (Indian Rupees Two Crore Fifty Lakhs only) to be availed by Ten 11
Hospitality Private Limited (formerly known as Ten 11 Hospitality LLP) [“Ten 11”],
together with all interest, additional/enhanced interest, fees, commissions, charges,
costs, expenses and legal costs payable in connection therewith, by way of a Letter of
Guarantee and a Fixed Deposit of INR 1 crore (Indian Rupees One Crore only) as
collateral for an initial period of one year, with an auto-renewal provision until the tenure
of the loan.
The relevant information pursuant to Regulation 30 of SEBI LODR Regulations read with
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, is enclosed herewith as Annexure –1.
The above information will also be available on the website of the Company at
www.dreamfolks.com.
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
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
Annexure – 1
Relevant details as required under Regulation 30 read with Schedule III of SEBI
LODR Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026
Name of party for which Ten 11 Hospitality Private Limited (formerly known
such guarantees or as Ten 11 Hospitality LLP) [‘Ten 11’]
indemnity or surety was
given
Whether the promoter/
promoter group/ group
companies have any
interest in this transaction?
If yes, nature of interest
and details thereof and
whether the same is done
at “arm’s length”
Brief details of such The Company shall provide Security and Corporate
guarantee or indemnity or Guarantee in favour of the lender i.e. AU Small
becoming a surety viz. Finance Bank Ltd., to secure the Dropline Overdraft
brief details of agreement facility of INR 2.50 crore (Indian Rupees Two Crore
entered (if any) including Fifty Lakhs only) to be availed by Ten 11, together
significant terms and with all interest, additional/enhanced interest, fees,
conditions, including commissions, charges, costs, expenses and legal
amount of guarantee costs payable in connection therewith, by way of a
Letter of Guarantee and a Fixed Deposit of INR 1
crore (Indian Rupees One Crore only) as collateral for
an initial period of one year, with an auto-renewal
provision until the tenure of the loan.
The Company shall charge a guarantee commission
to Ten 11, which shall be benchmarked at the end of
the financial year. The Company shall be entitled to
recover from the borrower all amounts paid or
liability incurred pursuant to such Guarantee, as per
Agreement to be executed between the parties in
relation to above arrangement.
Impact of such guarantees The proposed arrangement constitutes a contingent
or indemnity or surety on liability and does not result in any immediate cash
listed entity outflow. Based on the current financial position and
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
expected cash flows of the subsidiary, the Company
does not foresee invocation of the Corporate
Guarantee. Further, except for the temporary restriction
on the utilisation of the fixed deposit placed as
collateral, the Company does not expect any material
impact on its financial position or liquidity.
Regd. Office: 26, DDA Flats, Shivalik Road, Panchsheel Park, South Delhi, New Delhi-110017