Imagicaaworld Entertainment Ltd Executes Loan Agreement With HDFC Bank Limited for Rs. 275 Crore

Imagicaaworld Entertainment Ltd has executed a facility agreement with HDFC Bank Limited for availing loan facilities in connection with financing of purchase consideration for the Park Business Undertaking i.e. Wet’n Joy (Amusement Park and Water Park) at Lonavala and Wet’n Joy (Water Park and Saiteerth Devotional Theme Park) at Shirdi acquired from Giriraj Enterprises. The total amount of the facility granted is Rs. 275,00,00,000/-. The loan agreement was executed on June 5, 2025. The loan is a term loan and the lender is HDFC Bank Limited. The borrower is Imagicaaworld Entertainment Limited. The security provided to the lenders includes a first pari passu charge on Immovable and Movable assets owned by the Company, exclusive charge on assets acquired under Business Transfer Agreement, charge on cash flows of the Company, and personal guarantee of Directors.