Imagicaaworld Entertainment Limited executed financing agreements with Axis Bank for a Rs 65 crore term loan and working capital facility.
The loan is secured by charges on company assets at Khopoli and Lonavala locations and personal guarantees from three directors.
The facility aims to shore up long-term resources for the company, with lender approval required for major capital structure changes.
The disclosure is made under SEBI Listing Regulations as a material event requiring stock exchange notification.