Imagicaa World Entertainment Limited has announced the completion of its acquisition of 12,500 equity shares in Mehsana Next Parks Private Limited (MNPPL) for a total consideration of ₹50 crore. This strategic move, finalized on August 6, 2026, pursuant to an investment agreement dated July 31, 2026, establishes MNPPL as a subsidiary of Imagicaa World, aligning with the company’s expansion strategies.
Imagicaa World Finalizes MNPPL Acquisition
Imagicaa World Entertainment Limited confirmed today, August 6, 2026, the successful completion of its acquisition of 12,500 equity shares in Mehsana Next Parks Private Limited (MNPPL). The transaction involved a total consideration of ₹50 crore.
Strategic Expansion Initiative
This acquisition is a key step in Imagicaa World’s ongoing strategy to expand its business into new geographies. The investment agreement for this acquisition was originally signed on July 31, 2026, with MNPPL and Keshav Holiday Resort Private Limited (KHRPL). Following the acquisition of shares, MNPPL has now officially become a subsidiary of Imagicaa World Entertainment Limited.
The company previously communicated details related to this transaction on January 20, 2026, April 02, 2026, May 15, 2026, and July 31, 2026. All necessary disclosures as per SEBI regulations were submitted with the intimation dated July 31, 2026.
Source: BSE
