Nazara To Raise INR 495 Cr Via Another Preferential Issue

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…