ALPHA TRIBE

Wonderla Holidays LimitedOthers, 31-07-2025: Monitoring Agency Report

31-07-2025 | 01:46 pm

Wonderla Holidays has disclosed its QIP fund utilization report, confirming no deviations from the stated objectives for the Rs 540 crore raised. Of this, Rs 278 crore has been utilized, with Rs 126 crore deployed in the recent quarter. Funds have been channeled towards developing Wonderla Chennai Park, fully funding the Glamping Pods expansion at Wonderla Bengaluru, and general corporate purposes including tax payments and wages. The remaining Rs 262 crore is held in fixed deposits. This update confirms the company's disciplined use of capital for strategic growth and ongoing operations, as promised to investors.

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