Corporate News 04-Sep-23
Board of Nazara Technologies approves preferential issue of share for Rs 99 cr
At meeting held on 04 September 2023
The Board of Nazara Technologies at its meeting held on 04 September 2023 has approved the issuance of up to 14,00,560 equity shares of face value of Rs 4 each for cash at an issue price of Rs 714 per equity share aggregating to an amount of Rs 99.99 crore to M/s Kamath Associates (Partnership firm represented by its partners Nikhil Kamath and Nithin Kamath) and M/s NKSquared (Partnership firm represented by its partners Nikhil Kamath and Nithin Kamath) (Collectively known as “Investors”), not belonging to the promoter or promoter group of the Company, on a preferential basis.
Previous News
Nazara Technologies consolidated net profit rises 16.05% in the June 2024 quarter
( Results - Announcements 14-Aug-24 07:53 )
Nazara Technologies Ltd soars 6.37%, up for third straight session
( Hot Pursuit - 12-Jan-24 13:05 )
Nazara Technologies Ltd gains for third straight session
( Hot Pursuit - 11-Sep-24 13:06 )
Nazara Tech gains as PAT jumps 43% YoY in Q4 FY24
( Hot Pursuit - 27-May-24 11:01 )
Nazara Technologies announces board meeting date
( Corporate News - 17-May-24 16:28 )
Nazara Technologies Ltd gains for third consecutive session
( Hot Pursuit - 14-Dec-23 13:05 )
Nazara Technologies consolidated net profit rises 75.73% in the December 2022 quarter
( Results - Announcements 25-Jan-23 07:37 )
Nazara announces acquisition of 35% stake in Brandscale Innovations
( Corporate News - 19-Apr-22 10:15 )
Nazara Technologies Ltd up for third consecutive session
( Hot Pursuit - 13-Jun-23 13:05 )
Nazara's two step-down subsidiaries hold cash balance of USD 7.75 mn at Silicon Valley Bank
( Corporate News - 13-Mar-23 10:28 )
Nazara Tech step-down subsidiaries hold Rs 64 cr at Silicon Valley Bank
( Hot Pursuit - 13-Mar-23 08:57 )
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