Imagicaaworld to Sell Hotel Novotel for ₹248 Cr by Mar 2027
Imagicaaworld Board approves sale of Hotel Novotel Imagicaa for Rs. 248 crore. Hotel contributed 15.9% to FY25-26 revenue; sale to Juniper Hotels by March 2027. Source: ScoutQuest
Stock news timeline · IMAGICAA
News timeline · Last 30 days
24 Aug 2026 – 22 Sep 2026 · Times in IST
Showing 5 of 5 updates · Newest first
Change the keyword or sentiment above, then click Apply.
Imagicaaworld Board approves sale of Hotel Novotel Imagicaa for Rs. 248 crore. Hotel contributed 15.9% to FY25-26 revenue; sale to Juniper Hotels by March 2027. Source: ScoutQuest
Imagicaaworld Entertainment issued ₹85 crore corporate guarantee for its subsidiary Malpani Parks Indore. The guarantee backs a term loan and was disclosed on 15 Sep 2026 as a stock-in-news item. Source: NDTV Profit
Imagicaaworld issued a corporate guarantee of Rs 85 Cr for subsidiary MPIPL's HDFC Bank loan. Promoter group has no interest in the transaction; no impact on Imagicaaworld's financials. Source: BSE
Imagicaaworld clarified it regularly discloses price-sensitive info per SEBI LODR norms. The company states no significant event behind share price movement; shares are market-driven. Source: BSE
Imagicaaworld shares surged 20% to Rs 60.22 following strong Q1FY27 results, with revenue up 19.9% YoY to Rs 1,776 crore. Company acquired 50% stake in Shanku's Water Park, plans rebranding, and expanded into indoor entertainment with Hello Park format. Source: NDTV Profit