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Incorporated in 2009, Wise Travel India Limited is a transport company that offers car rentals and transportation services across 130 cities in India.
WTicabs announced it does not meet criteria to be classified as a "Large Corporate" under SEBI guidelines, specifically regarding outstanding long-term borrowings of 1000 Cr+. Thus, it's exempt from related disclosure requirements.
WTICAB announced its 16th Annual General Meeting will be held virtually. Shareholders can access the Annual Report for FY25 and the AGM Notice via the company's web-link.
WTicabs (Wise Travel India Limited) has incorporated WTI Mobility UK LTD. as a new Wholly Owned Subsidiary in England and Wales. This strategic move aims to expand the company's car and light motor vehicle rental and leasing services into the UK market. The subsidiary is 99.98% owned by WTicabs, marking...
WTicabs addressed recent stock price volatility, clarifying to the exchange that the company has no undisclosed announcements or events impacting its share price or volume. Management stated the movement is purely market-driven, beyond their knowledge or control. The company reiterated its commitment to promptly disclose any material information. This suggests...
Wise Travel India utilized ₹94.68 Cr of IPO proceeds mainly for working capital (₹76.70 Cr), corporate expenses (₹8 Cr), and issue expenses (₹9.89 Cr). A ₹3.70 Cr reallocation from issue expenses to working capital occurred. An unutilized balance of ₹10 lakh remains. Operations and finances show no deviations or concerns.