Imagicaaworld Entertainment Limited — Important, 18-02-2025: Agreements

Imagicaaworld Entertainment Limited has executed a Share Purchase Agreement to acquire 100% equity shares of Malpani Parks Indore Private Limited. This strategic move aims to strengthen its portfolio and expand its market presence. The acquisition is expected to be finalized by March 31, 2025, resulting in Malpani Parks Indore becoming a wholly-owned subsidiary. This acquisition could enhance operational capabilities and contribute positively to revenue streams in the long run, marking a significant step in the company's growth strategy. Investors should watch closely for developments regarding integration and synergies from this acquisition.