Imagicaaworld Entertainment Gains on Solar Power Plant Acquisition in Maharashtra

Mumbai, September 8 (Kiran News). Shares of Imagicaaworld Entertainment Limited edged higher on Monday after the company announced the execution of a Business Transfer Agreement (BTA) to acquire a solar power plant in Maharashtra.

Imagicaaworld Entertainment

The stock was trading at ₹57.11, up ₹0.13 (0.23%) from its previous close of ₹56.98 on the BSE. The scrip opened at ₹58.00 and touched an intraday high of ₹58.00 and a low of ₹56.87, with 5,398 shares traded so far.

Imagicaaworld, a Group ‘B’ stock with a face value of ₹10, has a 52-week high of ₹95.43 (6 September 2024) and a 52-week low of ₹55.06 (5 September 2025). The company’s market capitalisation currently stands at ₹3,253.70 crore.

Promoters hold 74.02% in the company, while institutional investors own 3.00% and non-institutional investors 22.99%.

The BTA was executed with Giriraj Enterprises and/or its partners on September 6, 2025, for the purchase of a 6.65 MW solar power plant at Mandrup, Solapur (Maharashtra) on a slump sale, going concern basis. The transaction is valued at ₹16 crore. Shareholders had approved the acquisition earlier on March 13, 2025.

Imagicaaworld Entertainment is engaged in the development and operation of theme-based entertainment destinations in India, including theme parks, water parks, and allied businesses such as retail merchandising and food & beverages.

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