Imagicaaworld Entertainment Limited will engage with institutional investors and analysts through two scheduled conferences in late September 2026. The company confirmed its participation in events organized by PL Capital and Arihant Capital, focusing on discussions based on publicly available information.

The first interaction is set for September 28, 2026, starting at 1:00 pm. This meeting will be conducted by PL Capital at the Trident BKC in Mumbai. The format includes both group and one-on-one sessions, allowing for detailed engagement with key stakeholders.

The second event is scheduled for September 30, 2026, beginning at 11:00 am. Hosted by Arihant Capital, this session will be held virtually as a group meeting. These interactions provide a platform for the company to communicate its operational updates to the investment community.

Meeting Schedule Details

Regulatory Compliance and Disclosure

The company filed this intimation pursuant to Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Imagicaaworld stated that no unpublished price sensitive information (UPSI) is intended to be discussed during these interactions.

All discussions will rely strictly on publicly available data. The company noted that changes to the schedule or format may occur due to exigencies on the part of the hosts, participants, or the company itself. Shweta Singh, Company Secretary and Compliance Officer, signed the disclosure on September 23, 2026.

Imagicaaworld Entertainment announced its Board has approved the divestment of its 287-key Novotel Imagicaa hotel to Juniper Hotels Limited for a consideration of ₹248 crore. The transaction, structured as a slump sale, is subject to definitive agreements and regulatory approvals.

The hotel property spans approximately 11 acres with a built-up area of around 2.8 lakh sq. ft., located adjacent to the company’s theme park on the Mumbai-Pune corridor.

Strategic Rationale

The divestment is designed to strengthen the balance sheet and unlock capital for expansion in high-margin entertainment segments. Management intends to deploy proceeds toward expanding the park portfolio across new geographies and accelerating investments in indoor entertainment.

Margin Improvement

A key financial driver of the transaction is the divergence in profitability between the two business units. The company disclosed that its existing parks business operates at an EBITDA margin of approximately 40-45%, significantly higher than the hotel business’s margin of approximately 25-30%. Removing the lower-margin asset is expected to improve overall consolidated EBITDA margins.

What the Numbers Show

The ₹248 crore valuation implies a per-key price of roughly ₹86.4 lakh for the 287-room property. This premium valuation reflects the asset’s integration with the theme park destination. By shifting focus from a ~30% margin business to a ~45% margin core operation, the company aims to enhance operational leverage without increasing top-line revenue dependency on hospitality.

Operational Continuity

Jai Malpani, Managing Director, stated that the strategic relationship between Novotel Imagicaa and the theme park will remain unaffected. Juniper Hotels plans to upscale the property, which management believes will strengthen the overall destination experience and attract multi-day visitors.