Imagicaaworld Entertainment Limited has informed the Exchange regarding a press release dated March 10, 2026, titled "Imagicaaworld Entertainment expands its portfolio of offerings with Indoor Entertainment To Launch India s first Hello Park in Hyderabad".
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Imagicaaworld Entertainment, through its wholly owned subsidiary Imagicaa Next Pvt. Ltd., has signed a Letter of Intent to launch India's first Hello Park — an indoor entertainment concept — at the Lake Shore Y Junction Mall in Hyderabad. The park will span about 10,000 square feet and is targeted to open before the year-end festive season. Hello Park is designed for children aged 3–12 and families, blending physical play with digital interactivity. The company described the format as low-capex and synergistic with its existing outdoor park businesses, and plans to roll out multiple parks across key urban markets.
Positive for shareholders — the company is diversifying into indoor entertainment with a low-capex model, gaining first-mover advantage in a new format and opening an additional recurring revenue stream. Near-term stock impact is likely modest since this is an initial location, but it signals strategic growth and brand extension.