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IMAGICAA WORLD ENTERTAINMENT
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...
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...