Wonderla Holidays Limited — Others, 27-01-2025: Utilisation of Funds

Wonderla Holidays Limited confirms there is no deviation in the utilization of funds raised through a Qualified Institutional Placement (QIP) amounting to ₹540 Crore, conducted on December 6, 2024. For the quarter ended December 31, 2024, all funds, net of issue expenses, totaling ₹525 Crore, are being used as initially allocated for capital expenditures related to the development and expansion of parks and other facilities. The company has adhered to the planned financial allocations without any modifications.