Imagicaa is India’s largest themed entertainment parks.MPG acquired about 66.25% stake in IEL through a preferential issue of shares worth INR 4,150m. The acquisition was consummated throug a debt resolution process, outside of NCLT, under RBI’s Framework for Resolution of Stressed Assets. An additional consideration was structured in form of equity shares and redeemable preference shares.
Edelweiss Financial Services
Advised in the sale of
Imagicaaworld Entertainment Ltd. (IEL)
to