Investment15 May 2026, 04:51 pm
Imagicaaworld to Invest up to ₹100 Cr in Shanku's Water Park
AI Summary
Imagicaaworld Entertainment Ltd's board approved a proposal to invest up to ₹100 Crore in Mehsana Next Parks Private Limited (MNPPL), a subsidiary of Keshav Holiday Resort Private Limited (KHRPL), also known as Shanku's Water Park, Gujarat. The investment will be a combination of equity and debt securities. This decision was made during the board meeting held on May 15, 2026. The company will disclose further details upon execution of definitive agreements.
Key Highlights
- Imagicaaworld board approves investment in Shanku's Water Park.
- Investment will not exceed ₹100 Crore in equity and debt.
- Investment is through Mehsana Next Parks Private Limited (MNPPL).
- Definitive agreements are pending execution and disclosure.
Price Impact
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