Imagicaaworld Entertainment Limited — Important, 19-12-2024: Updates

Imagicaaworld Entertainment Limited has received a stable credit rating of ‘IND A’ from India Ratings & Research, affirming the company's strong financial health and consistent performance. The ratings cover various financial instruments, including a ₹200 million fund/non-fund based working capital limit, a ₹450 million working capital limit, and ₹3060 million in term loans. This recognition stems from the company's solid market position, diversified park portfolio, extensive reach, and strong financial profile, underpinned by over two decades of experience from its promoters.

Managing Director Jai Malpani emphasized that this rating reflects the company’s financial discipline and resilience, marking a significant milestone in its turnaround. The positive outlook reinforces stakeholder trust and supports the company's growth trajectory. Imagicaaworld remains committed to enhancing its entertainment offerings while upholding operational excellence and sustainable growth.