Imagicaaworld Entertainment Board Approves Investment Agreement with Keshav Holiday Resort for Shanku's Water Park in Gujarat
Published on: May 15, 2026, 10:18 p.m. | Source: scanx.trade
Imagicaaworld Entertainment Limited's Board of Directors approved an Investment Agreement with Keshav Holiday Resort Private Limited and/or its subsidiary Mehsana Next Parks Private Limited on May 15, 2026, for the water park and amusement park business under the Shanku's Water Park brand in Gujarat. The company plans to invest up to ₹100 Crore in Mehsana Next Parks Private Limited through a combination of equity contribution and debt securities. This follows prior intimations to stock exchanges dated January 20, 2026 and April 02, 2026. Full regulatory disclosures under Regulation 30 of the SEBI Listing Regulations will be submitted upon execution of definitive agreements.
