Wonderla Holidays Limited — Others, 07-05-2025: Monitoring Agency Report
07-05-2025 | 02:08 pm
07-05-2025 | 02:08 pm
Wonderla Holidays Limited has shared an update on the utilization of Rs. 540 crore raised through QIP. So far, Rs. 136.81 crore has been spent as planned, mainly on developing Wonderla Chennai Park (Rs. 75 crore) and expanding glamping pods in Bengaluru (Rs. 22.81 crore). The remaining Rs. 388.19 crore is parked in interest-bearing fixed deposits. The company remains on track to complete the remaining capital expenditure by March 2026, reflecting disciplined fund deployment aligned with growth initiatives.
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