Stock Report

Wonderla Holidays Limited appoints Mr. K Ullas Kamath as additional director

Posted On : 2022-03-16 13:40:53( TIMEZONE : IST )

The Board of Directors of Wonderla Holidays Limited at their meeting held on even date have approved appointment of Mr. K Ullas Kamath (DIN: 00506681) as an Additional (Independent) Director of the Company for a period of five years commencing from April 1, 2022, subject to the approval of shareholders.

Mr. Ullas Kamath is not related to any other Director of the Company. He has affirmed that he is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such Authority.

Mr. Kasaragod Ullas Kamath was the Joint Managing Director of Jyothy Labs Limited (JLL). While at JLL for 31 years, he was responsible for business development, new projects, M&A, and financial management. He has been the driving force in transforming JLL from a single brand family-owned enterprise to a multi-brand FMCG corporate.

For his work and leadership, he has won several awards over the years including the coveted "All India CA Business Achiever Award - SME Category" instituted by the Institute of Chartered Accountants of India. He is also the recipient of the CNBC Awaaz Best CEO AWARD in FMCG Category.

Mr. Ullas Kamath is a Master of Commerce, Bachelor of Law, Fellow Chartered Account, Associate Company Secretary, M.Sc (LSE) and did his Global Master's in management from London School of Economics.

Mr. Kamath is an Independent Director of V-Guard Industries Ltd., Kochi, Snapdeal Ltd, New Delhi and Veranda Learning Solutions Ltd, Chennai. He is also a board member of Invest Karnataka Forum a Govt. of Karnataka enterprise.

He also serves as the Chairman of FICCI Karnataka State Council and member of FICCI Start Up Committee, New Delhi. He is a governing council member of Foundation for Innovation and Technology Transfer (FITT), IIT, New Delhi.

Shares of Wonderla Holidays Limited was last trading in BSE at Rs. 225.00 as compared to the previous close of Rs. 229.20. The total number of shares traded during the day was 1624 in over 241 trades.

The stock hit an intraday high of Rs. 231.70 and intraday low of 222.15. The net turnover during the day was Rs. 372028.00.