IDream Film Infrastructure Company Limited reported a standalone net loss of ₹282.13 lakh for the financial year ended March 31, 2026, widening from a loss of ₹21.10 lakh in the previous year. The company's total income from operations stood at ₹1.70 lakh for the year, while total expenses increased to ₹288.83 lakh. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at its meeting held on May 26, 2026.

Financial Performance

The company reported a consolidated net loss of ₹23.12 lakh for FY26. Statutory auditors issued an unmodified opinion on the financial results. The auditor's report highlighted that the company has been continuously incurring operating losses and has negative net worth, with accounts prepared on a going concern basis considering the change in management and exploration of new business opportunities.

Strategic Developments

The company completed the acquisition of a 100% stake in E-Tunnel Inc., a South Korea-based entity specializing in biometric authentication hardware. The transaction was finalized through a preferential allotment of 26,64,03,280 equity shares of ₹10 each at an issue price of ₹10 per share, amounting to a total consideration of ₹266.40 crore. This issuance was for consideration other than cash, specifically towards the acquisition of 22,01,680 shares of face value 500 KRW each in E-Tunnel Inc.

Additionally, the company allotted 40,00,000 equity shares aggregating ₹4 crore to Northvale Capital Partners Private Limited on a preferential basis. These transactions, approved by shareholders on January 27, 2026, and receiving regulatory approvals on May 8, 2026, resulted in a change of control of the company.

Operational Details

E-Tunnel Inc., incorporated on December 14, 2021, operates in the biometric authentication hardware development and manufacturing sector. The target entity reported a turnover of ₹21.14 crore for the calendar year 2024. The acquisition enables IDream Film to enter the global biometric security market by integrating E-Tunnel’s proprietary finger-vein authentication technology, which is protected by patents across Korea, the U.S., Europe, and Japan.

IDream Film Infrastructure Company Limited (formerly known as Softbpo Global Services Limited) has received in-principle approval from BSE Limited for the preferential allotment of equity shares to Promoters as well as Non-Promoters. The development was communicated to the stock exchange on May 09, 2026, by Managing Director Kalpana Morakhia.

BSE In-Principle Approval Details

BSE Limited granted two separate in-principle approvals, both dated May 08, 2026, covering distinct tranches of the preferential issue. The approvals pertain to equity shares of Rs. 10/- each, to be issued at par. The key details of the approvals are summarised below:

Nature of the Preferential Issue

The preferential issue comprises two distinct components. The first involves the allotment of 40,00,000 equity shares to Promoters against cash consideration. The second, and significantly larger, component involves the allotment of 26,64,03,280 equity shares to Promoters and Non-Promoters for consideration other than cash. Both tranches are to be issued at a face value of Rs. 10/- per share, at par.

Regulatory Compliance

The intimation was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. The company's registered office is located at B-4501 & 4601, Lodha Bellissimo, Lodha Pavilion, Apollo Mills Compound, Mahalaxmi, Mumbai – 400 011, Maharashtra. The filing was signed by Managing Director Kalpana Morakhia (DIN: 00336451) on May 09, 2026.