Imagicaaworld Entertainment Limited has informed the Exchange about General Updates-Update on transaction with Keshav Holiday Resort Private Limited, Gujarat ( Shanku s Water Park )
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Imagicaaworld Entertainment Limited's Board has approved a proposal to enter into investment agreements with Keshav Holiday Resort Private Limited (KHRPL) and its subsidiary Mehsana Next Parks Private Limited (MNPPL). The company will invest up to Rs. 100 crore in MNPPL through a combination of equity and debt securities. The purpose of this investment is to operate a water park and amusement park business under the brand 'Shanku's Water Park' in Gujarat. This follows earlier intimations to the stock exchanges dated January 20, 2026 and April 02, 2026. Full details under SEBI Listing Regulations will be disclosed after execution of definitive agreements.
This investment marks Imagicaaworld's expansion into the water park and amusement park segment in Gujarat through a structured deal with a local partner. The Rs. 100 crore commitment signals strategic growth intent, though details on ownership percentage and control remain pending.