Mithun Sacheti’s Axana Estates, Plutus To Launch Open Offer For Nazara 

As per the open offer, the three existing backers will acquire up to 2.4 Cr (2,40,64,121) equity shares at an offer price of INR 990 for a total consideration worth INR 2,382.34 Cr

This offer price is a 7.19% discount from Nazara’s closing price at INR 1,066.80 apiece on the BSE today

Post the open offer, the combined shareholding of Axana Estates, Plutus Wealth Management LLP, Junomoneta Finsol Private Limited (PAC), existing promoters (Vikash Mittersain and Nitish Mittersain) and promoter group will together hold around 61.5%…