IMAGICAABSEImagicaaworld Entertainment LtdMediumNeutral
Announced Fri, 15 May · 16:50 IST

Please find attached disclosure under Regulation 30 of the SEBI (LODR) Regulations 2015 - Approval of transaction with Keshav Holiday Resort Private Limited, Gujarat ("Shanku''s Water Park")

Marquee Jv AnnouncedStrategic Transactions View source PDF

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AI summary

Imagicaaworld Entertainment Ltd's Board has approved an investment proposal 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, which will operate the Shanku's Water Park business in Gujarat. The investment will be a combination of equity contribution and debt securities. This is an update to previous intimations filed in January and April 2026. Definitive agreements are yet to be executed, and full details will be disclosed upon execution.

Likely market impact

This strategic investment of up to Rs. 100 crore into a water park and amusement park venture signals Imagicaaworld's expansion into new business segments, which could be positive for long-term revenue growth if the venture succeeds.