Imagicaaworld Entertainment Limited has issued a corporate guarantee amounting to ₹85,00,00,000 (₹850 Crore). This guarantee supports a term loan facility obtained by its wholly-owned subsidiary, Malpani Parks Indore Private Limited (MPIPL), from HDFC Bank Limited. The guarantee is provided through IDBI Trusteeship Services Limited, acting as the Security Trustee, to secure MPIPL’s borrowings.
Corporate Guarantee Issued for Subsidiary
Imagicaaworld Entertainment Limited announced on September 15, 2026, that it has issued a corporate guarantee in favor of IDBI Trusteeship Services Limited. This guarantee serves as security for borrowings undertaken by its wholly-owned subsidiary, Malpani Parks Indore Private Limited (MPIPL), from HDFC Bank Limited. The total value of the term loan facility secured by this guarantee is ₹85,00,00,000 (Rupees Eighty Five Crore only).
Details of the Guarantee
The corporate guarantee is provided to facilitate term loan facilities for MPIPL. The arrangement involves IDBI Trusteeship Services Limited acting as the Security Trustee on behalf of HDFC Bank Limited. This measure is intended to support the financing needs of the subsidiary for its operational and developmental activities. The company stated that the corporate guarantee has no impact on the listed entity other than its disclosure in the financial statements.
Subsidiary and Transaction Overview
Malpani Parks Indore Private Limited is identified as the party for whom the guarantee was given, operating as a wholly-owned subsidiary of Imagicaaworld Entertainment Limited. The promoter group and other group companies of Imagicaaworld Entertainment do not hold any direct interest in this specific transaction, which is conducted at arm’s length to facilitate the subsidiary’s borrowing requirements.
Source: BSE
