Tag: Imagicaa

Malpani Group completes acquisition of Imagicaa

Malpani Group (MPG), a Maharashtra based diversified business group with leading presence in amusement park business, has acquired majority stake and control in Imagicaaworld Entertainment Ltd. (Imagicaa). The lenders to the Company have completed a debt resolution for Rs. 575 crore, which includes assignment of their debt to Aditya Birla ARC for Rs. 500 crore…