Press Release

September 17, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeeboy Towers Exchange Plaza, 5th Floor, Plot no. C/1, Dalal Street, Fort, G Block, Bandra Kurla Complex, Bandra (E) Mumbai- 400 001 Mumbai- 400 051 BSE Scrip Code: 539056 NSE Scrip Symbol: IMAGICAA Dear Sir/ Madam, Sub.: Press Release Please find enclosed herewith a press release titled “Imagicaaworld Entertainment Announces ₹248 Crore Hotel Transaction, Unlocking Significant Value”. The above is for your information and records. Thanking you, Yours faithfully, For Imagicaaworld Entertainment Limited Shweta Singh Company Secretary & Compliance Officer Membership Number: A44973 Encl: As above Imagicaaworld Entertainment Announces ₹248 Crore Hotel Transac(cid:415)on, Unlocking Significant Value Transac(cid:415)on unlocks growth capital, strengthens focus on high-margin park business and supports next phase of expansion Mumbai, 17th September 2026 – Imagicaaworld Entertainment Limited (BSE: 539056; NSE: IMAGICAA), India’s largest amusement & Water Park player, announced that its Board has approved the proposed divestment of its 287-key Novotel Imagicaa hotel at Khopoli to Juniper Hotels Limited for an considera(cid:415)on of ₹248 crore, subject to the execu(cid:415)on of defini(cid:415)ve agreements and receipt of applicable statutory, regulatory and shareholder approvals. The transac(cid:415)on is proposed to be undertaken through a slump sale of the hotel undertaking as a going concern. The property is spread across approximately 11 acres with a built-up area of around 2.8 lakh sq. (cid:332). and is strategically located adjacent to Imagicaa Theme Park and Water Park on the Mumbai-Pune corridor. Strategic Ra(cid:415)onale for Asset Sale: The proposed divestment strengthens company’s balance sheet to sharpen its focus on the core entertainment business while unlocking capital for the next phase of growth.  Focus on Core Parks Business o Expand park por(cid:414)olio across new geographies o Add new a(cid:425)rac(cid:415)ons & experiences across exis(cid:415)ng parks  Accelerate Indoor Entertainment o Further investment in the high-growth indoor entertainment segment o Build a broader and more diversified entertainment por(cid:414)olio Strategic Benefit Beyond Capital Unlock  Juniper Hotels’ planned upscaling of Novotel Imagicaa is expected to further strengthen the overall Imagicaa des(cid:415)na(cid:415)on. The enhanced value offering will improve the des(cid:415)na(cid:415)on’s overall experience and crea(cid:415)ng greater opportuni(cid:415)es to a(cid:425)ract mul(cid:415)-day visitors.  The divestment will also improve the overall EBITDA margins. Company’s exis(cid:415)ng parks business operates at an EBITDA margin of approximately 40-45%, significantly higher than the approximately 25-30% EBITDA margin of the Hotel business. Commen(cid:415)ng on the acquisi(cid:415)on, Jai Malpani, Managing Director, Imagicaaworld Entertainment Limited said, “The proposed divestment of Novotel Imagicaa marks an important step in the evolu(cid:415)on of Imagicaaworld. Over the years, we have built a strong and differen(cid:415)ated entertainment pla(cid:414)orm, and we now see a significant opportunity to deploy capital towards expanding this pla(cid:414)orm across new geographies, strengthening our exis(cid:415)ng parks and building our presence in indoor entertainment. We believe the proposed transac(cid:415)on recognizes the strategic value of Novotel Imagicaa as a des(cid:415)na(cid:415)on-linked hospitality asset. The transac(cid:415)on is being concluded at an a(cid:425)rac(cid:415)ve valua(cid:415)on reflec(cid:415)ng the premium associated with Novotel Imagicaa’s unique posi(cid:415)oning within the integrated Imagicaa des(cid:415)na(cid:415)on. The transac(cid:415)on also provides us with addi(cid:415)onal growth capital and greater financial flexibility as we enter the next phase of our expansion. Notably, notwithstanding the change in ownership of the hotel asset, the core business synergies between Novotel Imagicaa and the Imagicaaworld des(cid:415)na(cid:415)on remain completely unaffected. The strategic rela(cid:415)onship and seamless integra(cid:415)on between the hotel and the theme park will con(cid:415)nue to operate as usual, ensuring uninterrupted value crea(cid:415)on and a consistent experience for our guests. Going forward, our focus will remain on crea(cid:415)ng differen(cid:415)ated entertainment des(cid:415)na(cid:415)ons, expanding our presence across a(cid:425)rac(cid:415)ve catchments and delivering sustainable, profitable growth.” About Imagicaaworld Entertainment Limited Imagicaaworld Entertainment Limited (BSE: 539056; NSE: IMAGICAA) owns and operates India's leading theme and water parks, including Imagicaa, Wet’n Joy, Sai Teerth, and Aqua Imagicaa at various loca(cid:415)ons. The company offers a wide range of exci(cid:415)ng experiences, from thrilling rides and water slides to spiritual a(cid:425)rac(cid:415)ons, catering to families and tourists of all ages. Imagicaaworld is commi(cid:425)ed to providing world-class entertainment across its parks. For more informa(cid:415)on, contact: Company: Imagicaaworld Entertainment Limited Mr. Khelan Shah E-mail: khelan.shah@imagicaaworld.com Investor Rela(cid:415)ons: Strategic Growth Advisors Mr. Jigar Kavaiya / Mr. Ayush Haria Contact: +91 99206 02034 / +91 98204 62966 E-mail: jigar.kavaiya@sgapl.net / ayush.haria@sgapl.net Safe Harbour statement: Statements in this document rela(cid:415)ng to future status, events, or circumstances, including but not limited to statements about plans and objec(cid:415)ves, the progress and results of research and development, poten(cid:415)al project characteris(cid:415)cs, project poten(cid:415)al and target dates for project related issues are forward-looking statements based on es(cid:415)mates and the an(cid:415)cipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertain(cid:415)es and are not necessarily predic(cid:415)ve of future results. Actual results may differ materially from those an(cid:415)cipated in the forward-looking statements. The company assumes no obliga(cid:415)on to update forward-looking statements to reflect actual results changed assump(cid:415)ons or other factors.