FilingReader Intelligence

Dreamfolks to discontinue domestic airport lounge services next year

September 16, 2025 at 02:29 PM UTCBy FilingReader AI

Dreamfolks Services Limited has announced the discontinuation of its domestic airport lounge services to clients, effective September 16, 2025. This decision, following an earlier disclosure on August 29, 2025, is deemed to have a material impact on the company's business. However, other domestic services and the global lounge business will continue as usual.

The company reassures stakeholders that contracts with existing clients remain active. Discussions are currently underway with clients to explore alternate customer value propositions, indicating a strategic pivot rather than a complete withdrawal from client engagement.

Dreamfolks states this disclosure aligns with its commitment to transparency, governance, and investor awareness. Further updates regarding this business adjustment will be duly provided, and additional information is accessible on the company's website, www.dreamfolks.com.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:DREAMFOLKSBombay Stock Exchange

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