BSECompany Update29 Sept 2026 · 29 Sept 2026, 01:37 pm
Please find enclosed herewith a press release titled "Imagicaaworld warrant conversion - strong Promoter and Investor conviction"
Imagicaaworld Entertainment Ltd · 539056
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Imagicaaworld Entertainment Ltd has announced the 100% conversion of warrants into equity shares at a premium to the current market price, with the promoter group maintaining a shareholding of nearly 75% in the Company.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Imagicaaworld Entertainment Ltd - 539056 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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September 29, 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 warrant conversion – strong Promoter
and Investor conviction”.
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 warrant conversion – strong Promoter and Investor conviction
100% Conversion of warrants into equity shares at a premium to the current market price
Mumbai, 29th September 2026 – Imagicaaworld Entertainment Limited (BSE: 539056; NSE:
IMAGICAA), India’s largest amusement & Water Park player, announced that its Board has
approved the allotment of 2,34,82,500 fully paid-up equity shares of face value of Rs. 10 each,
at an issue price of Rs. 73.50 per equity share, pursuant to the conversion of convertible
warrants originally allotted on a preferential basis in March 2025.
The Company had allotted 2,34,82,500 convertible warrants at an issue price of Rs. 73.50 per
warrant to the promoter and identified non-promoter investors, with 25% of the
consideration received upfront at the time of allotment. The Company has now received the
balance 75% subscription amount of Rs. 129.45 crore, resulting in full conversion of the
warrants, with no warrants remaining outstanding.
The promoter group continue to maintain a shareholding of nearly 75% in the Company,
reaffirming its strong confidence in Imagicaaworld's long-term vision and growth prospects.
The participation of other investors through the warrant conversion further validates
confidence in the Company's business fundamentals, growth strategy, and ability to capitalize
on emerging opportunities across the entertainment and leisure sector.
The funds will be utilised towards meeting the Company’s existing capital commitments and
supporting its growth initiatives across the parks portfolio, including expansion into new
geographies, addition of new attractions and experiences, and scaling up its indoor
entertainment business.
Commenting on the development, Jai Malpani, Managing Director, Imagicaaworld
Entertainment Limited said,
“The full conversion of the warrants is a strong reflection of the confidence that promoter
group and investors have in Imagicaaworld’s long-term growth journey. With the receipt of
the balance amount, we have further strengthened our financial position.
We remain committed to deploying this capital towards initiatives that can strengthen our
portfolio and create sustainable long-term value for all stakeholders.”
Commenting on the same, Dhimant Bakshi, Chief Executive Officer, Imagicaaworld
Entertainment Limited, said,
“The additional capital provides us with greater flexibility as well as firepower to execute our
growth plans and fulfil our existing capital commitments. We see significant opportunities to
deepen the scale and engagement of our existing parks through new attractions and
experiences, while expanding our footprint into new geographies.
At the same time, indoor entertainment represents an important new growth avenue for
Imagicaaworld, offering the opportunity to build a scalable presence across key urban
markets. We will remain focused on executing these initiatives effectively while continuing to
deliver compelling experiences for our guests.”
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 locations. The company offers a wide range of exciting experiences, from
thrilling rides and water slides to spiritual attractions, catering to families and tourists of all
ages. Imagicaaworld is committed to providing world-class entertainment across its parks.
For more information, contact:
Company: Imagicaaworld Entertainment Limited
Mr. Khelan Shah
E-mail: khelan.shah@imagicaaworld.com
Investor Relations: 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 relating to future status, events, or circumstances, including but not
limited to statements about plans and objectives, the progress and results of research and
development, potential project characteristics, project potential and target dates for project related
issues are forward-looking statements based on estimates and the anticipated effects of future events
on current and developing circumstances. Such statements are subject to numerous risks and
uncertainties and are not necessarily predictive of future results. Actual results may differ materially
from those anticipated in the forward-looking statements. The company assumes no obligation to
update forward-looking statements to reflect actual results changed assumptions or other factors.