Imagicaaworld to acquire Malpani Parks Ahmedabad for ₹75 crore

Imagicaaworld Entertainment is set to acquire Malpani Parks Ahmedabad Private Limited (MPAPL) for up to ₹75 crore, pending shareholder approval. This strategic move will provide Imagicaaworld with land parcels in Ahmedabad to develop a large water and entertainment park, accelerating its expansion in Gujarat. The deal, structured as a related-party transaction, is expected to close by March 31, 2026.