{"id":54032,"date":"2025-12-23T10:37:03","date_gmt":"2025-12-23T10:37:03","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=54032"},"modified":"2025-12-23T10:37:03","modified_gmt":"2025-12-23T10:37:03","slug":"sng-partners-advises-dreamfolks-on-strategic-india-and-dubai-acquisitions","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/sng-partners-advises-dreamfolks-on-strategic-india-and-dubai-acquisitions\/","title":{"rendered":"SNG &amp; Partners Advises DreamFolks on Strategic India and Dubai Acquisitions"},"content":{"rendered":"<p><strong>SNG &amp; Partners has acted as legal counsel to DreamFolks Services Limited on two milestone transactions. The acquisition of a 50.01% stake in Ten 11 Hospitality LLP in India and a 60.24% stake in ETT Solutions DMCC in Dubai. These deals mark a significant step in DreamFolks\u2019 strategy to scale its domestic offerings and reinforce its global footprint spanning 120+ countries and 500 airports.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>SNG &amp; Partners delivered end-to-end legal support across both mandates.<br \/>\nFor the Ten 11 Hospitality LLP transaction, the firm led comprehensive due diligence and the drafting and negotiation of the definitive agreement, helping strengthen DreamFolks\u2019 domestic hospitality ecosystem.<\/p>\n<p>The ETT Solutions DMCC acquisition\u2014structured through a mix of secondary share purchase and primary subscription\u2014will result in DreamFolks holding a 60.24% stake, with ETT set to become a foreign subsidiary post\u2011completion. With its cross\u2011border structure and multi\u2011jurisdictional regulatory requirements, the deal involved heightened complexity. SNG &amp; Partners worked closely with UAE counsel on definitive agreements and negotiations, while also providing specialised guidance on foreign exchange reporting requirements, ensuring seamless alignment across jurisdictions.<\/p>\n<p>The transaction was led by Chandra Shekhar Mishra (Associate Partner), supported by Aditi Mishra, Arjun Khanna, and Mohit Goyal (Associates). The transaction team drew on strategic oversight and key transactional direction from Aditya Vikram Dua (Partner &amp; Head \u2013 Financial Services), whose guidance was instrumental in navigating both the domestic and cross\u2011border dimensions of the mandates.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-54036\" style=\"font-size: 1rem\" src=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/SNG_Logo-2-300x88.jpg\" alt=\"\" width=\"300\" height=\"88\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/SNG_Logo-2-300x88.jpg 300w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/SNG_Logo-2-1024x302.jpg 1024w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/SNG_Logo-2-768x226.jpg 768w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/SNG_Logo-2.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-54034\" style=\"font-size: 1rem\" src=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Chandra-Shekhar-Mishra-300x300.png\" alt=\"\" width=\"206\" height=\"206\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Chandra-Shekhar-Mishra-300x300.png 300w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Chandra-Shekhar-Mishra-150x150.png 150w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Chandra-Shekhar-Mishra-100x100.png 100w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Chandra-Shekhar-Mishra.png 400w\" sizes=\"auto, (max-width: 206px) 100vw, 206px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-54038\" style=\"font-size: 1rem\" src=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Aditya-Dua-300x300.jpeg\" alt=\"\" width=\"208\" height=\"208\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Aditya-Dua-300x300.jpeg 300w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Aditya-Dua-150x150.jpeg 150w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Aditya-Dua-100x100.jpeg 100w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2025\/12\/Aditya-Dua.jpeg 400w\" sizes=\"auto, (max-width: 208px) 100vw, 208px\" \/><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-54032","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/54032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=54032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}