Imagicaaworld Entertainment Ltd acquires solar power plant

Imagicaaworld Entertainment Limited has executed a Business Transfer Agreement ("BTA") with Giriraj Enterprises and/or its partners, on September 06, 2025 i.e. today, 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. 16,00,00,000/- (Rupees Sixteen Crore Only). The shareholders' approval for the above transaction was received on March 13, 2025.

Shares of Imagicaaworld Entertainment Limited was last trading in BSE at Rs. 56.98 as compared to the previous close of Rs. 55.93. The total number of shares traded during the day was 55927 in over 608 trades.

The stock hit an intraday high of Rs. 57.20 and intraday low of 55.06. The net turnover during the day was Rs. 3167892.00.

Source : Equity Bulls

Keywords

ImagicaaworldEntertainment INE172N01012 Acquisition SolarPowerPlant