Corporate guarantee of Rs 85 crore for subsidiary term loan from HDFC Bank

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Price reactionminutes from the announcement price · days from the prior close

+5.1%Reaction day

₹50.69

prior close

₹50.33

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+5.2% vs market

Leisure Services peers, median of 84sector · industry level-0.1%+5.1% vs sector

On the reaction day the stock moved 5.2 pts more than Nifty Microcap 250 and 5.1 pts more than its Leisure Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

-0.3

15m

-0.1

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.1-0.1+5.2-0.1+5.1

Next day

+0.6+0.7-0.1+0.5+0.1

+4.6+2.3+2.3+2.2+2.5

+4.8+2.2+2.6+1.3+3.4

+3.1+2.6+0.5+2.2+1.0

+4.5+3.9+0.6+2.6+2.0

+3.4+2.7+0.7+0.8+2.6

15d

-6.3-1.2-5.1-1.8-4.5

-7.9-0.2-7.8-0.9-7.0

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UpDownMarket · Nifty Microcap 250Sector · Leisure Services peers, median of 84Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Imagicaaworld Entertainment has issued a corporate guarantee of Rs 85 crore in favor of IDBI Trusteeship Services, acting as Security Trustee for HDFC Bank, to secure a term loan facility availed by its wholly owned subsidiary Malpani Parks Indore Private Limited. The promoter group has no interest in the transaction and the deal is on an arm's length basis. The company states there is no material impact beyond disclosure in financial statements, though the guarantee does create a contingent liability on the parent's books.

Likely market impact

Adds Rs 85 crore contingent liability for the parent. Risk is low as the borrower is a wholly owned subsidiary, but any default could pressure Imagicaaworld finances.