Acquisitions6 Sept 2025, 01:41 pm
Imagicaaworld Entertainment Ltd to Purchase Solar Power Plant for Rs. 16 Crore
AI Summary
Imagicaaworld Entertainment Ltd has executed a Business Transfer Agreement (BTA) with Giriraj Enterprises and/or its partners for the purchase of a 6.65 MW Solar Power Plant at Mandrup, Solapur, Maharashtra. The plant is owned by Giriraj Enterprises and the purchase consideration is Rs. 16,00,00,000/- (Rupees Sixteen Crore Only). The transaction is part of the Malpani Group companies and has been approved by the shareholders on March 13, 2025.
Key Highlights
- Imagicaaworld Entertainment Ltd is purchasing a Solar Power Plant from Giriraj Enterprises
- The plant is located at Mandrup, Solapur, Maharashtra
- The purchase consideration is Rs. 16,00,00,000/- (Rupees Sixteen Crore Only)
- The transaction is part of the Malpani Group companies
- The shareholders' approval for the transaction was received on March 13, 2025