Wonderla Holidays Limited has submitted a statement confirming no deviation or variation in the utilization of funds raised through a Qualified Institutions Placement (QIP). The funds were raised on December 6, 2024, amounting to ₹540 Crore. This report covers the quarter ended December 31, 2025. The company has utilized ₹447.05 Crore of the net proceeds (₹525 Crore after issue expenses of ₹15 Crore) for various capital expenditure requirements. These include the development of Wonderla Chennai Park (₹303.94 Crore), expansion of Glamping Pods and ancillary service areas at Wonderla Bengaluru (₹25.00 Crore), certain refurbishments at Wonderla Resort, Bangalore (₹11.18 Crore), and setting up a roller coaster ride at Wonderla Park, Bengaluru (₹13.93 Crore). Additionally, ₹78 Crore was utilized for general corporate purposes. The statement, reviewed by CARE Ratings Limited, indicates no comments from the Audit Committee or the auditors regarding any deviations. The company's website, www.wonderla.com, will also host this information.
