Imagicaaworld Entertainment Merger & Restructuring Worth ₹248 Cr
Imagicaaworld's Board approved the slump sale of Hotel Novotel Imagicaa to Juniper Hotels for Rs. 248 Crore. Shareholder approval via postal ballot is pending.
- Value
- ₹248.0 Cr
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Imagicaaworld's Board approved the slump sale of Hotel Novotel Imagicaa to Juniper Hotels for Rs. 248 Crore. Shareholder approval via postal ballot is pending.
Imagicaaworld Entertainment executed an investment agreement with Mehsana Next Parks and Keshav Holiday Resort. The pact defines governance, management, and operational rights for MNPPL.
Imagicaaworld Entertainment signed an Investment Agreement to acquire a 50.002% stake in Mehsana Next Parks for Rs 50 Crore, expanding its footprint in outdoor entertainment parks.