THE STORY OF HOW THE BELOVED THEME PARK IMAGICAA WAS PULLED BACK FROM THE BRINK OF COLLAPSE.
In 2018, Imagicaa turned into a non-performing asset. Within no time, a lender dragged the company to the National Company Law Tribunal courts. When newly appointed CEO Dhimant and CFO Mayuresh received the NCLT summons, they were taken aback. The project was the realisation of a long-held dream, and it needed to be protected from a dire fate: insolvency, or a possible lockout of India&'39;s best theme park. Thus began their arduous battle to rescue the beloved company.
From visiting banks and government officials almost daily to managing cash flows and supporting the most vulnerable members of their staff, they found themselves handling a crisis every day as they searched for a white knight who would pump sufficient funds into the company in the hope of a turnaround.
This search led them to the underbelly of Mumbai suburbs, to fake investment offices, to last-minute trips to Malaysia with demanding brokers and what not! Rollercoaster of Hope is the firsthand account of how these two &'39;amigos&'39; navigated each new crisis with grit and determination.
It shares the untold stories that went into rescuing a company. A must-read for every business owner, professional, student and enthusiast.
...
THE STORY OF HOW THE BELOVED THEME PARK IMAGICAA WAS PULLED BACK FROM THE BRINK OF COLLAPSE.
In 2018, Imagicaa turned into a non-performing asset. Within no time, a lender dragged the company to the National Company Law Tribunal courts. When newly appointed CEO Dhimant and CFO Mayuresh received the NCLT summons, they were taken aback. The project was the realisation of a long-held dream, and it needed to be protected from a dire fate: insolvency, or a possible lockout of India's best theme park. Thus began their arduous battle to rescue the beloved company.
From visiting banks and government officials almost daily to managing cash flows and supporting the most vulnerable members of their staff, they found themselves handling a crisis every day as they searched for a white knight who would pump sufficient funds into the company in the hope of a turnaround.
This search led them to the underbelly of Mumbai suburbs, to fake investment offices, to last-minute trips to Malaysia with demanding brokers and what not! Rollercoaster of Hope is the firsthand account of how these two 'amigos' navigated each new crisis with grit and determination.
It shares the untold stories that went into rescuing a company. A must-read for every business owner, professional, student and enthusiast.
| ISBN : | 9789371975490 |
|---|---|
| Publisher : | Westland Publication |
| Year Published : | 2025 |
| Pages Count : | 240 Pages |
| Edition Language : | English |
| Book Format : | Paperback |
