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Imagicaaworld Approves Rs 248 Crore Novotel Hotel Sale To Juniper Hotels


16 September 2026
Imagicaaworld Entertainment Ltd.

Board approved in-principle slump sale of Hotel Novotel Imagicaa at Khopoli to Juniper Hotels for Rs248cr, subject to shareholder approval. Hotel contributed Rs57.02cr revenue (15.9%) in FY26. Deal expected by March 31, 2027, with proceeds to fund park expansion and keep debt low.


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