StockWatch
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Amusement Parks/ Other Recreation
Corporate Governance13 Nov 2026, 05:50 pm

Imagicaaworld Entertainment: No Deviation in Preferential Issue Proceeds

AI Summary

Imagicaaworld Entertainment Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by India Ratings & Research Private Limited and reviewed by the Audit Committee, confirms no deviation from the objects for the utilization of proceeds from a preferential issue. The preferential issue, conducted between March 24-26, 2025, raised INR 345.19 Crores through the issuance of equity shares and convertible warrants. The company has confirmed that all utilization is as per the disclosures in the Offer Document, based on management undertakings and the Statutory Auditor Certificate.

Key Highlights

  • No deviation observed in the utilization of preferential issue proceeds.
  • Report covers the quarter ended September 30, 2026.
  • Preferential issue raised INR 345.19 Crores.
  • Monitoring Agency is India Ratings & Research Private Limited.
  • Utilization confirmed as per Offer Document disclosures.