Imagicaaworld Entertainment temporarily closes Theme Park and Water Park

11 Jan 2022 , 12:46 PM

Imagicaaworld Entertainment Limited informed the exchanges that as per the latest (Maharashtra) State Government orders on account of COVID – Third Wave, Imagicaa Theme Park, and Water Park will remain temporarily non-operational w.e.f January 10, 2022, till the Company receives appropriate orders to re-open.

“We hope to resume park operations at the earliest. The Company shall continue to monitor the ongoing situation, follow the guidance of local government and medical authorities to be fully compliant, and act in accordance with their directives.

Meanwhile, the Hotel Property shall continue to operate, in accordance with the said guidelines,” company said in a filing on Monday.

It further added, presently there is no clarity at present regarding the number of days for which the Parks will be kept nonoperational, the expected quantum of loss to the Company cannot be determined.

At around 12.49 pm, Imagicaaworld Entertainment Limited was trading at Rs11.17 per piece down Rs0.05 or 0.45% on the BSE.