Board approved a preferential issue of up to 2,39,70,676 equity shares at ₹306 each, raising up to ₹733.5 Cr, subject to shareholder and regulatory approvals. Incoming CEO Raymond Stauffer will receive 4.67% and other investors 1.20%, taking total post-issue holdings to 5.87%. Context: supports the Bluetile/BestPlay acquisition funding plan. Authorised capital will increase to ₹90 Cr; EGM scheduled for August 30, 2026.
Nazara Announces ₹733.5 Crore Preferential Issue With Bluetile Leadership
Nazara Technologies Board Approves ₹733 Crore Preferential Issue To Six Investors
Nazara Technologies Acquires 100% Bluetile BestPlay For USD 303 Million
Nazara Accelerates 100% Bluetile BestPlay Acquisition For USD 303 Million
Nazara Raises Bluetile Bestplay Consideration To ₹2,909 Crore Cash Deal