Imagicaaworld Entertainment Limited (NSEI:IMAGICAA) entered into a Business Transfer Agreement to acquire Water park business in Gujarat from Rajgreen Amusement Park Private Limited on February 17, 2023. Pursuant to receiving the said approvals, Imagicaaworld shall also execute a sub-lease deed with RAPPL for sub-leasing the water park land in favour of the Imagicaaworld, the draft of which is pending concurrence from Government Authorities. The transaction is subject to certain customary government or municipal approvals.