Imagicaaworld Entertainment Limited has officially approved a strategic investment plan to venture into the Shanku’s Water Park project in Gujarat. The company will invest up to Rs. 100 Crore through a mix of equity and debt securities. This move aims to bolster the company’s presence in the water and amusement park segment through the special purpose vehicle, Mehsana Next Parks Private Limited.
Strategic Investment in Gujarat
Imagicaaworld Entertainment Limited has reached a major milestone in its growth strategy by finalizing the proposal to participate in the development of Shanku’s Water Park. In a meeting held on May 15, 2026, the Board of Directors approved the execution of key investment agreements. This initiative is being carried out in collaboration with Keshav Holiday Resort Private Limited and its subsidiary, Mehsana Next Parks Private Limited.
Capital Commitment and Deal Structure
The company has committed to an investment outlay not exceeding Rs. 100 Crore. This capital will be deployed through a strategic combination of equity contribution and debt securities. The precise allocation between these instruments will be determined by the leadership team in coordination with the project partners to ensure optimal financial structuring.
Focus on Expansion
By leveraging this special purpose vehicle, Imagicaaworld aims to streamline operations and enhance the management of the water and amusement park facilities. This move aligns with the company’s broader objective of scaling its footprint in the regional entertainment landscape. Further details regarding the definitive agreements and specific terms of the partnership will be communicated following the completion of the formal documentation process.
Source: BSE
