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IMAGICAA THEME PARK
NeoLiv acquires 17.5 acres in Khopoli for plotted developmentNeoLiv, backed by institutional investors, is set to develop a plotted residential project in Khopoli, near Mumbai, after acquiring 17.5 ac...
Maharashtra govt offers investment-based exemption to Adlabs EntertainmentThe company had filed a petition before the HC, seeking an extension of its entitlement certificate that is issued by the state government....
Banks sitting on huge gains as Imagicaa rides a turnaroundA group of 10 banks together own a 9.22% stake in the company, which was valued at ₹75 crore or ₹15.29 per share as part of the takeover by...
Bombay HC directs Maharashtra government to maintain status quo on Imagicaaworld pleaBombay High Court has directed the Maharashtra government to maintain the status quo on a petition filed by Imagicaaworld Entertainment, fo...
Godrej Properties buys 89-acre land parcel in Maharashtra’s KhalapurAround 70 kms away from Mumbai, Khalapur has well-developed social and civic infrastructure consisting of multiple schools, health faciliti...
Lenders Issue letter of intent to Malpani Group for Rs 575-crore Imagicaa takeoverThe LoI was issued on Friday after some last-minute drama when a new bidder made an enquiry in the Swiss challenge round, they said. "A lit...
Imagicaa bidder Malpani seeks more timeThe Ahmednagar-based Malpani Group was the only bidder for debt-laden Imagicaaworld which owes lenders a minimum of ₹1,417 crore. The Malpa...
Malpani Group ties-up with Aditya Birla ARC to acquire Imagicaaworld EntertainmentThe Malpani Group has offered to acquire Imagicaaworld under an out-of-court settlement reached between banks and the company after three y...
Imagicaa creditors may now take the ARC route to sell companyAs part of the rejig, creditors have decided to order a rebid, most likely involving an asset reconstruction company (ARC), which will purc...
Malpani Group submits over Rs 500-cr bid to acquire ImagicaaImagicaa owns multiple theme parks around Mumbai and Pune and is promoted by Shetty, who owns 31% directly and indirectly. It has been faci...
How holidaymakers are refusing to let Covid dampen their New Year spiritsThough a new Covid surge in some metros has pushed back the recovery timeline, it hasn’t deterred some people from making travel plans.