On May 26, 2023, Imagicaaworld Entertainment Limited closed the transaction. The transaction included participation from new investor, Malpani Parks Private Limited for 70,000,000 equity shares for gross proceeds of INR 2,576,700,000 and other investors. Post the allotment of equity shares to the investor stake increased to 70.86% of the paid-up equity share capital of the company to 74.11% of the equity share capital of the company on a fully diluted basis.

The transaction has been approved by the board of directors of the company.