Wonderla Holidays | Business Upturn

Wonderla Holidays appoints Dherender T as Bengaluru Park Head

Arunika Jain — Thu, 30 Apr 2026 08:04:52 +0000

Wonderla Holidays has announced the appointment of Mr. Dherender T as the Bengaluru Park Head, effective 30 April 2026. With over two decades of experience, Dherender brings extensive expertise in business operations across various sectors, including quick service restaurants, retail, food tech, hospitality, and consumer tech.

Dherender T has previously held senior leadership roles at notable companies such as Pizza Hut, Domino’s, Chai Point, OYO, Wow! Momo, RIGI, and ViraloTV. His professional journey is marked by a focus on operational strategy, scaling high-growth businesses, profit and loss management, customer experience enhancement, standard operating procedure design, team leadership, and technology-enabled process optimisation.

Throughout his career, Dherender has successfully managed large teams, improved profitability, driven outlet expansion, enhanced customer satisfaction, and delivered strong revenue growth. His recent role as Vice President of Business Operations at Azalp Technologies in Bengaluru further underscores his capability in leading business operations effectively.

Wonderla Holidays is optimistic about the strategic leadership and operational expertise that Dherender T will bring to the Bengaluru Park, aiming to enhance customer experiences and operational efficiencies.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Wonderla Holidays secures Rs 20 crore capital investment subsidy from Odisha government

Aditya Bhagchandani — Thu, 13 Mar 2025 07:55:54 +0000

Wonderla Holidays Ltd has received a capital investment subsidy of Rs 20 crore from the Tourism Department, Government of Odisha under the state’s 2022–2027 Tourism Policy.

The subsidy has been granted for the successful completion of the Bhubaneswar Park within the timelines specified in the policy. This financial aid aims to support the company’s expansion efforts and boost tourism in Odisha.

The sanction letter from the government reinforces Wonderla’s strategic growth plans, as the Bhubaneswar Park is expected to enhance the company’s presence in the eastern region of India.

Wonderla Holidays Ltd is one of India’s leading amusement park operators, with existing parks in Bengaluru, Kochi, and Hyderabad. The company continues to expand its footprint by developing new parks in key locations across India.

Disclaimer: The information provided is for informational purposes only and does not constitute financial or investment advice. Investors are advised to conduct their own research before making any investment decisions.

Wonderla Holidays approves fundraising of ₹800 crore

Aditya Bhagchandani — Fri, 04 Oct 2024 07:09:42 +0000

Wonderla Holidays Limited has received board approval to raise up to ₹800 crore by issuing equity shares with a face value of ₹10 each. The fundraising will be conducted through various methods, including private placements, qualified institutions placements, preferential issues, or any other permissible modes, subject to necessary shareholder and regulatory approvals.

The company also announced an increase in its authorized share capital from ₹60 crore to ₹80 crore, dividing it into 8 crore equity shares of ₹10 each. Additionally, Wonderla Holidays will adopt a new set of Articles of Association as per the Companies Act, 2013, upon shareholder approval. The board meeting concluded on October 4, 2024.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Wonderla Holidays shares surge 2% after inaugurating amusement park in Bhubaneswar

Aman Shukla — Fri, 20 Sep 2024 09:34:30 +0000

Wonderla Holidays shared jumped more than 2% after the company opened its latest amusement park in Bhubaneswar.

This is a key milestone in Wonderla’s national development, cementing its position as a market leader in the entertainment and leisure industry. Smt. Pravati Parida, Odisha’s Deputy Chief Minister, inaugurated the park at a ceremony attended by Samarth Verma, IAS, Director Tourism, and key company executives such as Arun K. Chittilappilly, MD; Sivadas M., President; Dheeran Choudhary, COO; and Kalpataru Nayak, Park Head-Bhubaneswar.

In the exchange filing, the company shared, “As the first major amusement park brand to enter Odisha, Wonderla Bhubaneswar sets a new standard for entertainment and leisure in the state. The park’s opening is a strategic move in Wonderla’s broader vision of enhancing tourism and entertainment experiences across India. This new park will serve as a destination for both local and national visitors, offering world-class rides and attractions that are poised to boost Odisha’s standing as a vibrant tourist hub.”

As of 3:03 pm, Wonderla Holidays shares were trading 2.01% higher at Rs 885.05 on the NSE.