Imagicaaworld to shut Khopoli water park from June 19 as dam runs dry
Maharashtra Irrigation Department has ordered Imagicaaworld to halt water draw from the Khopoli dam amid El Niño-driven low levels, forcing a temporary closure of its flagship Imagicaa Water Park. Reopening date is undecided; the company is assessing losses and preparing an insurance claim. Shares fell 4.85% to ₹45.60.
What happened
Imagicaaworld Entertainment · Imagicaaworld will temporarily shut its Imagicaa Water Park at Khopoli from June 19, 2026 after Maharashtra Irrigation Department
Key facts
- June 19 2026
- ₹45.60
- 4.85%
- ₹275 cr
- ₹571 cr
Why this matters
Pressure-test the asset portfolio's water-dependency and accelerate diversification via dry-attraction M&A or geographic expansion to reduce single-site, single-resource exposure.