Imagicaaworld Entertainment executes business transfer to purchase solar power plant in Maharashtra
BTA is for the purchase of a Solar Power Plant of 6.65 MW at Mandrup, Solapur, Maharashtra, owned by Giriraj Enterprises
Imagicaaworld Entertainment has executed a Business Transfer Agreement (BTA) with Giriraj Enterprises and/or its partners, on September 06, 2025. BTA is for the purchase of a Solar Power Plant of 6.65 MW at Mandrup, Solapur, Maharashtra (Business Undertaking) owned by Giriraj Enterprises on a slump sale basis on going concern basis at a purchase consideration of Rs 16 crore. Earlier, the shareholders’ approval for the above transaction was received on March 13, 2025.
Imagicaaworld Entertainment is engaged in the business of development and operations of theme-based entertainment destinations in India, including theme parks, water parks and associated activities including retail merchandising and food and beverages.
