Disclosure Context
Wonderla Holidays Limited (Scrip Code: 538268, Symbol: WONDERLA) submitted a disclosure to BSE and NSE on August 22, 2026, pursuant to Regulation 30 of SEBI Listing Regulations regarding receipt of a show cause notice from GST authorities.
Specific Allegations and Periods
The SCN alleges short payment of GST across three categories:
- Restaurant services at 'Woods' restaurant in Resort: ₹1,25,27,098 for period 01.04.2020 to 21.06.2023
- Restaurant services at various restaurants in Bengaluru Park: ₹14,19,34,823 for period 01.04.2020 to 31.03.2026
- Accommodation services of Resort: ₹27,96,751 for period 01.04.2020 to 21.06.2023
Financial Exposure Details
The notice includes the following financial demands:
- Tax Demand: ₹15,72,58,674 (Rupees Fifteen Crore Seventy Two Lakhs Fifty Eight Thousand Six Hundred and Seventy Four only)
- Interest: ₹2,83,06,561 (Rupees Two Crore Eighty Three Lakhs Six Thousand Five Hundred and Sixty One only)
- Penalty: ₹15,72,58,674 (Rupees Fifteen Crore Seventy Two Lakhs Fifty Eight Thousand Six Hundred and Seventy Four only)
Total potential exposure: ₹31,28,23,909 (including tax, interest, and penalty)
Company Response and Status
The company states there is no immediate financial impact at this stage. Wonderla is evaluating the SCN and, based on advice from its tax advisors, will file a detailed reply with the adjudicating authority within prescribed timelines. The company intends to pursue all legal remedies available to it.
Current Status
No order has been passed, and no penalty/restriction/sanction has been imposed on the company as of the disclosure date. The communication remains a show cause notice requiring the company's response.