Imagicaaworld Entertainment has announced its decision to invest up to ₹100 crore in Mehsana Next Parks Private Limited, a subsidiary of Keshav Holiday Resort Private Limited. This investment aims to develop and operate Shanku’s Water Park in Gujarat.
The board of directors of Imagicaaworld approved the proposal during a meeting held on 15 May 2026. The investment will be a combination of equity contribution and debt securities, with the exact structure to be determined in collaboration with Keshav Holiday Resort and Mehsana Next Parks.
This strategic move is part of Imagicaaworld’s expansion plans in the amusement and water park sector, leveraging the established brand of Shanku’s Water Park. The company aims to enhance its footprint in the Indian entertainment industry through this venture.
Further details regarding the investment and associated agreements will be disclosed upon the execution of definitive agreements, in compliance with SEBI regulations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).