Imagicaaworld Entertainment Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. This report, issued by India Ratings & Research Private Limited, details the utilization of funds from a preferential issue. The company has also made this information available on its website, as per regulatory requirements.
Monitoring Agency Report Filed
Imagicaaworld Entertainment Limited has officially released its Monitoring Agency Report, covering the financial quarter that concluded on June 30, 2026. This report has been prepared by India Ratings & Research Private Limited and adheres to the formats prescribed by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Key Details of the Report
The report focuses on the utilization of proceeds from a preferential issue undertaken by the company. India Ratings & Research Private Limited has reviewed the utilization of these funds against the stated objects of the issue. The company confirms that no deviation from the objects has been observed based on the documents and certificates provided.
Information Accessibility
In line with its commitment to transparency, Imagicaaworld Entertainment Limited has also made the details of this monitoring agency report accessible to the public on its official website, www.imagicaaworld.com.
Issue and Subscription Overview
The preferential issue, which took place between March 24, 2025, and March 26, 2025, comprised 2,34,82,500 Equity Shares and 2,34,82,500 Convertible Warrants. The total issue size was valued at INR 345.19 Crores. As of June 30, 2026, the company had received INR 172.60 Crores from the issuance of equity shares and an upfront consideration of INR 43.15 Crores for the convertible warrants. The remaining amount for warrants will be received upon conversion.
Utilization of Proceeds
The report details the utilization of proceeds across several key areas:
- Repayment of loan availed by Malpani Parks Indore Private Limited (MPIPL): A total of INR 139.17 Crores was proposed to be used for this purpose, with the full amount utilized by the end of the quarter.
- Part payment of operational parks acquired from Giriraj Enterprises: Out of INR 100.00 Crores, INR 21.55 Crores was utilized.
- Repayment of intercorporate loan: Out of INR 55.00 Crores, the full amount was utilized.
- General Corporate Purpose: A sum of INR 50.19* Crores was allocated, with INR 0.02 Crores utilized by the end of the quarter.
The total utilized amount as of June 30, 2026, stands at INR 215.75 Crores, with an unutilized balance of INR 215.74 Crores. A significant portion of the unutilized funds, INR 0.00 Crores (representing INR 41,187.50), was lying in a HDFC Bank account. The report also indicates that the implementation of the objects is either completed or ongoing as per the planned timelines, with no significant delays reported.
Source: BSE
