BSECompany Update4d ago · 31 Jul 2026, 03:29 pm

Please find attached disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Execution of Investment Agreement

Imagicaaworld Entertainment Ltd · 539056

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Imagicaaworld Entertainment Ltd has entered into an Investment Agreement with Mehsana Next Parks Private Limited and Keshav Holiday Resort Private Limited to acquire a 50.002% stake in Mehsana Next Parks Private Limited, a special purpose vehicle formed to acquire Shanku's Water Park from Keshav Holiday Resort Private Limited on a 'slump sale basis'. The transaction is subject to regulatory approvals and is expected to be completed by September 30, 2026.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk4/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Imagicaaworld Entertainment Ltd - 539056 - Execution Of Investment Agreement

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July 31, 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.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Execution of Investment Agreement Ref.: Letter dated January 20, 2026, April 02, 2026 and May 15, 2026 This is further to our intimation to the stock exchanges as per the letter aforementioned with respect to special purpose vehicle/joint venture of the Company i.e. Mehsana Next Parks Private Limited (MNPPL) (a subsidiary of KRHPL) in the state of Gujarat with Keshav Holiday Resort Private Limited (“KHRPL”), a part of Shanku Group, with the purpose of carrying out the business of water park and amusement park (“Shanku’s Water Park”) in the above said special purpose vehicle. In accordance with Regulation 30 read with Schedule III of the SEBI Listing Regulations, we would like to inform you that Imagicaaworld Entertainment Limited (“IEL” /”the Company”) has today entered into an Investment Agreement with Mehsana Next Parks Private Limited and Keshav Holiday Resort Private Limited, and has also executed a deed of adherence to the business transfer agreement dated 30.07.2026 executed by and between MNPPL and KHRPL (“BTA”) agreeing inter-alia to be bound by the terms and conditions of the said BTA (under which BTA, MNPPL is acquiring Shanku’s Water Park from KHRPL on a ‘slump sale basis’). The detailed disclosure, as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 updated on January 30, 2026 (“Master Circular”), is enclosed as Annexure A and Annexure B to this letter. Pursuant to the completion of the said acquisition, MNPPL will become Subsidiary of the Company. Additionally, further to our intimation dated August 22, 2025 titled Outcome of Board Meeting of the Company held on August 22, 2025, we would like to inform that the proposed transaction of acquisition of 100% equity shares of Malpani Parks Ahmedabad Private Limited (“MPAPL”/ “Target Company”), from Malpani Parks Private Limited (“Seller”/ “MPPL”), the existing shareholder of MPAPL has not been executed as on March 31, 2026. You are requested to take the same on records. Thanking you, Yours faithfully, For Imagicaaworld Entertainment Limited Mayuresh Kore Chief Financial Officer & Head Legal Encl: As above Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Annexure A Acquisition of 50.002% stake in Mehsana Next Parks Private Limited Sr. Disclosure Information 1 Name of the target entity, details in Mehsana Next Parks Private Limited (MNPPL) brief such as size, turnover etc. The turnover of MNPPL for the financial year ended on March 31, 2026 is NIL – since MNPPL is an SPV formed for the given purpose. 2 Whether the acquisition would fall Not Applicable as acquisition is not falling within within related party transaction(s) related party transaction and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3 Industry to which the entity being Outdoor Entertainment Parks. acquired belongs 4 Objects and effects of acquisition Expansion of existing business of the Company in new (including but not limited to, geography vide association with existing regional player disclosure of reasons for acquisition in the Outdoor Entertainment Park Business. of target entity, if its business is outside the main line of business of the listed entity) 5 Brief details of any governmental or The transaction may be subject to approvals of regulatory approvals required for the Statutory and/or Regulatory approvals (if any) and / or acquisition third party approval (s) / consent (s) (if any) as identified under the definitive agreements executed / to be executed from time to time. 6 Indicative time period for completion The transaction is likely to be completed on or before of the acquisition September 30, 2026 and is subject to fulfilment of Conditions Precedent as agreed between the parties and Statutory and/or Regulatory approvals (if any) and / or third party approval (s) / consent (s) as may be required 7 Nature of consideration - whether Through Cash Consideration cash consideration or share swap and details of the same; 8 Cost of acquisition and/or the price Rs 50 crore at which the shares are acquired 9 Percentage of shareholding / control 50.002% acquired and / or number of shares acquired 10 Brief background about the entity Date of Incorporation: 12/02/2025 acquired in terms of products/line of business acquired, date of Country: India incorporation, history of last 3 years turnover, country in which the Turnover: NIL acquired entity has presence and any The Company is a Special Purpose Vehicle for carrying other significant information (in brief) on the business of Entertainment Parks, including the development and operations thereof. Mehsana Next Parks Private Limited is acquiring Shanku’s Water Park from Keshav Holiday Resort Private Limited on a ‘slump sale basis’. Annexure B Execution of Investment Agreement Sr. Disclosure Information 1. Name(s) of parties with whom the Investment Agreement with Mehsana Next Parks agreement is entered Private Limited and Keshav Holiday Resort Private Limited. 2. Purpose of entering into the To record inter-se rights and obligations with respect agreement to operations and management in MNPPL. 3. Shareholding, if any, in the entity with Pursuant to the acquisition as set out above, whom the agreement is executed the Company will be entitled to hold 50.002% stake in Equity Shares in MNPPL. 4. Significant terms of the agreement (in The Company and KHRPL have right to appoint 2 brief) special rights like right to directors each and 1 Independent Director in appoint directors, first right to share consensus in MNPPL. subscription in case of issuance of shares, right to restrict any change in capital structure etc. 5. Whether, the said parties are related No to promoter/promoter group/ group companies in any manner. If yes, nature of relationship. 6. Whether the transaction would fall Not Applicable as acquisition is not falling within within related party transactions? If related party transaction. yes, whether the same is done at “arm’s length”. 7. in case of issuance of shares to the Not Applicable parties, details of issue price, class of shares issued. 8. any other disclosures related to such Not Applicable agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc. 9. in case of termination or amendment Not Applicable of agreement, listed entity shall disclose additional details to the stock exchange(s): a) name of parties to the agreement; - b) nature of the agreement; - c) date of execution of the agreement; - d) details of amendment and impact - thereof or reasons of termination and impact thereof.