Rollercoaster Of Hope : The Turnaround Story Of Imagicaa

Rollercoaster of Hope: The Turnaround Story of Imagicaa by Dhimant Bakshi and Mayuresh Kore is a firsthand account of the efforts to rescue Imagicaa from financial crisis and steer it towards recovery. Written by the company's CEO and CFO, the book chronicles the challenges of leading a business through insolvency proceedings, financial uncertainty, and operational pressures. It offers readers an inside look at corporate turnaround management, leadership under pressure, and the realities of navigating a high-stakes business crisis.

From courtroom proceedings and negotiations with lenders to managing employees and searching for investors, the narrative captures the decisions and determination required to keep a major entertainment destination operating. Through personal experiences, the authors share the complexities of crisis management and the resilience needed to rebuild an organisation.

About This Book

When Imagicaa became a non-performing asset in 2018 and faced proceedings before the National Company Law Tribunal (NCLT), Dhimant Bakshi and Mayuresh Kore found themselves leading the company through one of the most difficult periods in its history. The book follows their efforts to secure funding, manage cash flow, engage with financial institutions and government officials, and protect the future of the business.

Rollercoaster of Hope: The Turnaround Story of Imagicaa also recounts the unexpected experiences that accompanied this search for a turnaround, from meetings with potential investors to challenging negotiations and last-minute international travel. Along the way, it provides insights into leadership, corporate finance, decision-making, and the perseverance required to navigate uncertainty.

What You'll Discover

• A firsthand account of Imagicaa's business turnaround journey.
• Insights into managing a company during financial distress.
• The challenges of insolvency proceedings and crisis leadership.
• Experiences of negotiating with lenders, investors, and government officials.
• Real-world perspectives on corporate finance and cash flow management.
• Stories of resilience, teamwork, and decision-making under pressure.

Perfect For

• Business owners.
• Professionals.
• Students.
• Business enthusiasts.
• Readers interested in corporate leadership and turnaround stories.

Why You'll Love This Book

Rollercoaster of Hope: The Turnaround Story of Imagicaa offers a candid look at the realities of leading a company through crisis. Combining personal experiences with practical business challenges, it provides valuable insights into resilience, leadership, financial decision-making, and the determination required to guide an organisation towards recovery.