Malpani Group submits over Rs 500-cr bid to acquire Imagicaa

Imagicaa owns multiple theme parks around Mumbai and Pune and is promoted by Shetty, who owns 31% directly and indirectly. It has been facing financial pressures due to rising costs in the last couple of years. These pressures have been compounded due to the Covid pandemic which shut down theme parks across the world.

via Economictimes