Nazara Technologies Fund Raise of ₹733.5 Cr
Nazara Technologies to raise ₹733.50 Crore via a preferential issue of equity shares at ₹306 per share. Proceeds will fund strategic acquisitions and gaming growth initiatives.
- Value
- ₹733.5 Cr
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Nazara Technologies to raise ₹733.50 Crore via a preferential issue of equity shares at ₹306 per share. Proceeds will fund strategic acquisitions and gaming growth initiatives.
Nazara Technologies allotted 1.82 Crore warrants on a preferential basis, raising ₹474.01 Crore. This issuance strengthens the capital base for future growth and strategic initiatives.
Nazara Technologies Limited reported the utilization of ₹495.00 Crore raised through a preferential issue. Monitoring agency ICRA Limited confirmed no deviations from the stated objects.