Imagicaa acquires 6.65 MW solar power plant

Imagicaaworld Entertainment has executed a Business Transfer Agreement (BTA) with Giriraj Enterprises and/or its partners, on 06 September 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 crore. The shareholders' approval for the above transaction was received on 13 March 2025.

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