ReferIndia News Wonderla Holidays Fully Utilises ₹540 Crore QIP Proceeds; CARE Ratings Confirms Nil Deviation

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Wonderla Holidays Fully Utilises ₹540 Crore QIP Proceeds; CARE Ratings Confirms Nil Deviation

Published on: May 7, 2026, 6:53 p.m. | Source: scanx.trade

Wonderla Holidays Limited has completed the full utilisation of ₹540 crore raised via QIP by the end of Q4FY26. Monitoring agency CARE Ratings confirmed nil deviation in the use of funds. The company reallocated ₹39 crore from the Wonderla Chennai Park development to General Corporate Purpose, revising the total GCP allocation to ₹117 crore.

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