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Wonderla Holidays board approves appointment of Ullas Kamath as Director; Stock gains

16 Mar 2022 , 02:52 PM

Wonderla Holidays

Wonderla Holidays Limited Board of Directors have approved appointment of K Ullas Kamath 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.

At around 2.57 pm, Wonderla Holidays Ltd was trading at Rs228.65 per piece up by Rs3.65 or 1.62% from its previous closing of Rs225 per piece on the BSE.

“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,” company said in a filing on Wednesday.

It added, 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.

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.

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.

Related Tags

  • appointment
  • Director
  • Ullas Kamath
  • Wonderla Holidays Limited
  • Wonderla Holidays news
  • Wonderla Holidays share price
  • Wonderla Holidays stock price
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