Juniper Hotels Limited will participate in an analyst and institutional investor meeting on September 22, 2026, at Taj Santacruz, Mumbai.

Meeting details

The company has notified the stock exchanges of its participation in the Anand Rathi Annual Flagship Conference G-200 Summit 2026. The intimation was made pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarises the key details of the scheduled meeting:

Disclosure on price-sensitive information

Juniper Hotels has confirmed that no unpublished price sensitive information pertaining to the company will be disclosed or shared at the meeting with analysts or institutional investors. The intimation was filed on September 17, 2026, and is available on the company's website.

Juniper Hotels has secured board approval from Imagicaaworld Entertainment for the acquisition of Novotel Imagicaa. The transaction is valued at ₹248 crore and structured as a slump sale.

Deal Structure

Imagicaaworld Entertainment Limited confirmed the approval in its board meeting held on September 16, 2026. The company disclosed the transaction under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The deal involves the sale of the hotel undertaking as a going concern on a slump sale basis, as defined under Section 2(103) of the Income-tax Act, 2025.

The consideration is subject to tax deduction at source and other adjustments as per definitive documents, including a deed of conveyance or business transfer agreement. Completion is expected on or before March 31, 2027.

Regulatory Approvals

The transaction falls under Section 180(1)(a) of the Companies Act, 2013, and Regulation 37A of the SEBI Listing Regulations. It is being undertaken outside a scheme of arrangement. Imagicaaworld must seek shareholder approval through a postal ballot process. The special resolution will be acted upon only if votes cast by public shareholders in favour exceed those against it, excluding any public shareholder directly or indirectly party to the transaction.

Asset and Financial Context

The target asset, located at Sangdewadi, Khopoli-Pali Road in Raigad district, Maharashtra, spans approximately 11 acres with a built-up area of 2,80,000 sq. ft. It comprises 287 guest rooms and associated facilities, situated adjacent to the Imagicaa Theme Park.

In FY25-26, the hotel division contributed revenue of ₹57.02 crore, representing 15.9% of Imagicaaworld’s total operating revenue. The division’s net worth stood at ₹96.74 crore, accounting for 7.3% of the company’s standalone net worth.

Strategic Rationale

For Juniper Hotels, the acquisition aligns with its expansion strategy in the integrated resort sector, adding an established cash-generating asset in the Mumbai-Pune corridor. The company noted potential to rebrand the asset into the upper-upscale segment.

For Imagicaaworld, the sale proceeds are intended to bolster long-term capital requirements. The company plans to use the funds to expand its park business geographically, add attractions in existing locations, and aid its indoor entertainment foray, while keeping overall debt levels low. The buyer is not a related party.

What the Numbers Show

The disposal of the hotel unit removes a segment that contributed 15.9% of Imagicaaworld’s operating revenue in FY25-26. However, the ₹248 crore valuation represents a significant premium over the division’s standalone net worth of ₹96.74 crore, suggesting strong asset value recognition beyond book metrics.