Acquisitions6 Aug 2026, 08:40 pm
Imagicaaworld Acquires 12,500 MNPPL Shares for ₹50 Cr
AI Summary
Imagicaaworld Entertainment Ltd has completed the acquisition of 12,500 equity shares of Mehsana Next Parks Private Limited (MNPPL) for a consideration of ₹50 crore. This acquisition, made pursuant to an Investment Agreement dated July 31, 2026, with MNPPL and Keshav Holiday Resort Private Limited (KHRPL), marks MNPPL as a subsidiary of Imagicaaworld. The company had previously informed about entering into this agreement for business expansion into a new geography. All necessary disclosures as per SEBI regulations have been submitted.
Key Highlights
- Imagicaaworld acquired 12,500 shares of MNPPL for ₹50 crore.
- MNPPL has now become a subsidiary of Imagicaaworld Entertainment Ltd.
- The acquisition is part of the company's expansion into new geographies.
- Disclosure under SEBI regulations has been completed.
Price Impact
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