Imagicaaworld Entertainment Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by India Ratings & Research Private Limited, details the utilization of proceeds from a preferential issue. The company confirms no deviation from the stated objects of the issue, with the report now available on the company’s website.
Monitoring Agency Report Submitted
Imagicaaworld Entertainment Limited has formally submitted its Monitoring Agency Report for the financial quarter ending September 30, 2026. This report is a regulatory requirement pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Report Details and Findings
The report was prepared by India Ratings & Research Private Limited and has been reviewed by the company’s Audit Committee. Key findings indicate no deviation from the objects of the preferential issue, which was related to the utilization of proceeds. The report adheres to the format prescribed by SEBI.
Issue Details
The preferential issue in question occurred between March 24, 2025, and March 26, 2025, raising a total of INR 345.19 Crores. The issue comprised of 2,34,82,500 Equity Shares and an equal number of Convertible Warrants. The proceeds were intended for specific objects, including loan repayment and operational park acquisitions.
Utilization of Proceeds
For the quarter ended September 30, 2026, the report indicates that a total of INR 215.74 Crores from the issue proceeds had been utilized. The unutilized amount stood at INR 129.45 Crores. The utilized amount primarily went towards the repayment of loans availed by Malpani Parks Indore Private Limited (MPIPL) and part payment for operational parks acquired from Giriraj Enterprises.
Deployment of Unutilized Proceeds
The unutilized portion of the issue proceeds, amounting to INR 129.45 Crores, has been deployed in Fixed Deposits with HDFC. These FDs have various maturity dates, mostly in November 2026 and October 2026, with an annual return rate of approximately 3.50% to 4.50%.
Status of Objects
The report confirms that the object relating to the ‘Repayment of loan availed by Malpani Parks Indore Private Limited’ and ‘Repayment of intercorporate loan’ have been Completed. The ‘Part payment of operational park acquired’ and ‘General Corporate Purpose’ are marked as Ongoing.
Availability of Information
The information contained within this Monitoring Agency Report is also accessible on the company’s official website, www.imagicaaworld.com.
Source: BSE
