India's Dreamfolks falls after Adani Airport says passengers can access lounges directly

Dreamfolks Services

03/07/2025 11:22

** Domestic airport lounge access provider Dreamfolks Services DREM.NS closes 3% lower at 217.58 rupees, extends Wednesday's decline

** Adani Airport Holdings CEO Arun Bansal says on Linkedin that India's "fintech revolution" has eliminated the need for middlemen across sectors

** Adds, passengers across India can now access lounges through the Adani airports' platform, in partnership with other lounge operators

** Bansal does not name Dreamfolks in his post

** DREM closed 5.14% lower on Wednesday after notifying about closure of certain Axis Bank AXBK.NS and ICICI Bank ICBK.NS programs

** YTD, DREM shares down 44.3%

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))