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Dreamfolks Services Limited ( (IN:DREAMFOLKS) ) has issued an update.
Dreamfolks Services Limited has completed the first phase of its acquisition of ETT Solutions DMCC, finalizing the secondary purchase of shares and securing regulatory registration with the Dubai Multi Commodities Centre Authority, which brings its current stake in ETT to 34%. The company will now move to the second phase, a primary subscription to newly issued shares that, once concluded as per the agreed timelines, will raise Dreamfolks’ overall shareholding in ETT to 60.24%, deepening its strategic control and potentially strengthening its position in international travel-related services.
More about Dreamfolks Services Limited
Dreamfolks Services Limited operates in the travel and airport services industry, offering access and related solutions that connect passengers with airport lounges and other value-added services across key transit points. The company focuses on leveraging partnerships and investments to expand its international footprint and enhance its service network for travellers and affiliated stakeholders.
Average Trading Volume: 18,193
Technical Sentiment Signal: Sell
Current Market Cap: 4.42B INR
Find detailed analytics on DREAMFOLKS stock on TipRanks’ Stock Analysis page.