StockWatch
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Amusement Parks/ Other Recreation
Board Meeting13 Nov 2026, 05:42 pm

Imagicaaworld to raise ₹16.25 Cr via preferential issue

AI Summary

Imagicaaworld Entertainment Ltd's Board of Directors has approved a preferential issue to raise up to ₹16,25,00,047.50 (₹16.25 Crore) by issuing 22,10,885 Convertible Warrants to non-promoters. Each warrant is convertible into one equity share of face value ₹10 at a price of ₹73.50. The company also declared its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. An Extraordinary General Meeting (EGM) will be held on December 11, 2026, to seek shareholder approval for the fundraise. The Board meeting concluded on November 13, 2026.

Key Highlights

  • Board approved preferential issue to raise ₹16.25 Crore.
  • Issue involves 22.11 Lakh convertible warrants to non-promoters.
  • Unaudited financial results for Q2 FY27 declared.
  • EGM scheduled for December 11, 2026, for shareholder approval.
  • Fundraising is subject to regulatory and shareholder approvals.