Nazara To Raise INR 495 Cr Via Another Preferential Issue

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SUMMARY

Following this investment, Axana Estates will hold a 5.4% stake in Nazara Technologies

Khandelwal is already a shareholder in Nazara, owning an 8.1% stake as of December 2024. He owns another 11.82% stake in the company through Plutus Wealth Management LLP

In addition to this, Nazara also said that its board has approved acquisition of two popular game IPs from ZeptoLab to double down on its mobile gaming portfolio

Listed gaming major Nazara Technologies’ board has approved the proposal to raise INR 495 Cr from…



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Nazara To Raise INR 495 Cr Via Another Preferential Issue


SUMMARY

Following this investment, Axana Estates will hold a 5.4% stake in Nazara Technologies

Khandelwal is already a shareholder in Nazara, owning an 8.1% stake as of December 2024. He owns another 11.82% stake in the company through Plutus Wealth Management LLP

In addition to this, Nazara also said that its board has approved acquisition of two popular game IPs from ZeptoLab to double down on its mobile gaming portfolio

Listed gaming major Nazara Technologies’ board has approved the proposal to raise INR 495 Cr from…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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