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Imagicaaworld Entertainment is acquiring 100% equity of Malpani Parks Ahmedabad Private Limited (MPAPL) for up to Rs 50 Cr, with an additional Rs 30 Cr fund infusion post-acquisition, capping the total transaction at Rs 75 Cr. MPAPL, currently non-operational, owns strategic land parcels in Gujarat. This move is set to accelerate Imagicaaworld's geographical expansion and deepen market penetration by developing a new water/entertainment park in a key state. The acquisition makes MPAPL a wholly-owned subsidiary, aligning with the group's growth strategy.