NSEPress Release3d ago · 3 Aug 2026, 02:59 pm
Press Release
Imagicaaworld Entertainment Limited · IMAGICAA
✦ AI Summary▲ PositiveExpansion
Imagicaaworld Entertainment Limited has signed an investment agreement to buy a 50% stake in Mehsana Next Parks Private Limited (MNPPL) for Rs. 50 Crores, expanding its presence in Gujarat's leisure and tourism market.
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Full Announcement
Imagicaaworld Entertainment Limited has informed the Exchange regarding a press release dated August 03, 2026, titled "Imagicaaworld Entertainment Limited - Signed Investment agreement to buy 50% stake in in Mehsana Next Parks Private Limited (MNPPL) for a consideration of Rs. 50 Crores.".
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August 03, 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 Limited - Signed
Investment agreement to buy 50% stake in in Mehsana Next Parks Private Limited (MNPPL) for a
consideration of Rs. 50 Crores”.
The above is for your information and records.
Thanking you,
Yours faithfully,
For Imagicaaworld Entertainment Limited
Mayuresh Kore
Chief Financial Officer and Head Legal
Encl: as above
Imagicaaworld Entertainment Limited
Signed Investment agreement to buy 50% stake in in Mehsana Next Parks Private Limited
(MNPPL) for a considera(cid:415)on of Rs. 50 Crores
Mumbai, 03rd August 2026 – Imagicaaworld Entertainment Limited (BSE: 539056; NSE: IMAGICAA),
India’s largest amusement & Water Park player, announced that it has signed investment agreement to
buy 50% equity in in Mehsana Next Parks Private Limited (“MNPPL”), the Special Purpose Vehicle formed
for opera(cid:415)ng and expanding “Shanku’s Water Park” in Gujarat’s Mehsana.
Transac(cid:415)on Details:
Imagicaaworld Entertainment Limited to invest INR 50 Crores in Mehsana Next Parks Private
Limited (“MNPPL”), the Special Purpose Vehicle which now owns the Shanku’s Water Park vide a
slump sale arrangement.
The investment provides Imagicaaworld with a 50% stake in MNPPL
The SPV will raise addi(cid:415)onal capital for development of new a(cid:425)rac(cid:415)ons and facili(cid:415)es over the
next 12-18 months.
Imagicaaworld will also provide Opera(cid:415)ons & Management services to the SPV, thus leveraging
its exper(cid:415)se in park opera(cid:415)ons, guest experience, safety systems, food & beverage and revenue
op(cid:415)miza(cid:415)on.As part of the O&M arrangement, Imagicaaworld will receive management fees in
the range of 6%–10% based upon agreed parameters.
Commen(cid:415)ng on the acquisi(cid:415)on, Jai Malpani, Managing Director, Imagicaaworld Entertainment
Limited said,
“This investment marks an important milestone in our strategy to deepen our presence in Gujarat, one
of India’s fast-growing leisure and tourism markets and gives us the opportunity to par(cid:415)cipate in the
next phase of growth of a well-established des(cid:415)na(cid:415)on.
We look forward to enhancing guest experiences, driving foo(cid:414)alls and crea(cid:415)ng long-term value for all
stakeholders vide this unique associa(cid:415)on.”
About Shanku’s Water Park
Shanku’s Water Park, located in Mehsana, Gujarat, is one of the well established and recognized water
parks in the state, with strong access to the catchment markets of Ahmedabad, Mehsana, Gandhinagar
and surrounding regions.
The Park is spread across 25+ acres and features a strong por(cid:414)olio of 25+ high-quality rides and
a(cid:425)rac(cid:415)ons, posi(cid:415)oning it as Gujarat’s largest water park des(cid:415)na(cid:415)on. The park has recently undergone
extensive renova(cid:415)on and moderniza(cid:415)on, including deployment of advanced water filtra(cid:415)on systems
comparable to the best-in-class technology used at Imagicaa’s flagship Khopoli property.
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.