Imagicaaworld Entertainment Limited — QIP/Rights/Pref., 27-03-2025: Allotment of Securities

Imagicaaworld Entertainment Limited has announced a board meeting on the allotment of 2,34,82,500 equity shares and an equal number of convertible warrants on a preferential basis. The shares, with a face value of ₹10, were allotted at ₹73.50 each, generating total consideration of ₹172.59 Cr. Notable allottees include Malpani Parks Private Limited and Cybage Software Private Limited. The warrants entitle holders to acquire an equivalent number of equity shares within 18 months. This strategic move could enhance the company's financial flexibility and bolster investor confidence, presenting potential growth opportunities in the upcoming quarters.