Nazara increases Rs. 315 crore from marquee institutional buyers

Nazara increases Rs. 315 crore from marquee institutional buyers

by admin- Thursday, October 7th, 2021 04:01:10 PM

Nazara Technologies introduced that its board has authorised preferential allotment of fresh fairness to elevate Rs. 315.30 crores from marquee institutional traders subject to the approval of the shareholders of the Company and such regulatory/ statutory authorities as may be relevant.

The Company will issue 1,429,266 equity stocks of face cost of Rs. Four/- each at a price of Rs. 2,206/- consistent with fairness share (together with a premium of Rs.2,202/- per fairness percentage).

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