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Dreamfolks Services informs about outcome of board meeting

01 Dec 2025 Evaluate
Pursuant to the provisions of Regulation 30 of SEBI LODR Regulations, Dreamfolks Services has informed that the Board of Directors of the Company at its meeting held today i.e. December 01, 2025, (which commenced at 09:30 AM and concluded at 10:44 AM) had considered and approved the proposal to undertake a total investment of INR 36 crore (approx.)/ $4 Million, through a combination of secondary purchase of shares and primary subscription to freshly issued shares, which would result in acquisition of 60.24% of stake (in aggregate) in the ETT Solutions DMCC (ETT) by DreamFolks. Upon the completion of said acquisition, ETT shall become a foreign subsidiary of the Company. The relevant information pursuant to Regulation 30 of SEBI LODR Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as Annexure-1.

The above information is a part of company’s filings submitted to BSE.

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