Imagicaaworld Entertainment Ltd (IMAGICAA) — Board Meeting | 16 September 2026

16 September 2026 · BSE 🟡 Notable Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Board approves in principle sale of Hotel Novotel Imagicaa to Juniper Hotels for ₹248 crores

🔄 What Changed

Proposed sale of hotel division generating 15.9% of revenue and 7.3% of net worth

🔮 What's Next

Completion estimated by March 31, 2027, subject to shareholder approval

💡 Investor Takeaway

This sale generates significant capital but removes a non-core asset contributing modestly to revenue and net worth.

Imagicaaworld Entertainment approved in principle the sale of Hotel Novotel Imagicaa to Juniper Hotels for Rs. 2,48,00,00,000 (₹248 crores) on a slump sale basis, subject to shareholder approval and completion by March 31, 2027. The hotel contributed 15.9% of revenue and 7.3% of net worth in FY2025-26. The transaction is non-related party and will be executed via postal ballot under Section 180(1)(a) of the Companies Act.

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About Imagicaaworld Entertainment Ltd (IMAGICAA)

Media Entertainment & Publication · Entertainment · Listed on BSE

Market Cap: ₹2,904.57 CrP/E: 205.3ROE: 1.1%ROCE: 3.1%

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📊 More IMAGICAA filings

🔴 Corporate Action — 29 September 2026Imagicaaworld Entertainment announced full conversion of 2.35 million warrants into equity shares at...
Announcement — 25 September 2026Imagicaaworld Entertainment Ltd announced that its trading window closes on October 1, 2026, lasting...
🔴 Corporate Action — 24 September 2026Imagicaaworld Entertainment announced the allotment of 2.35 million fully paid equity shares at ₹73....
🔴 Announcement — 23 September 2026Imagicaaworld Entertainment Ltd announced its participation in two investor meetings scheduled for S...
🔴 Announcement — 23 September 2026Imagicaaworld Entertainment Ltd announced its participation in two investor meetings scheduled for S...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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