Nazara Technologies Acquisition Worth ₹1.9 Cr
Nazara Technologies acquired an additional 4.10% stake in its subsidiary, Funky Monkeys Play Centre, for an aggregate cash consideration of ₹1.90 Crore.
- Value
- ₹1.90 Cr
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Nazara Technologies acquired an additional 4.10% stake in its subsidiary, Funky Monkeys Play Centre, for an aggregate cash consideration of ₹1.90 Crore.
Nazara Technologies increased its stake in subsidiary Funky Monkeys Play Centre by 4% for ₹8 Crore. The transaction raises its total shareholding to 64%.
Nazara Technologies' subsidiary is investing ₹4.75 Crore in nCore Games via a convertible note. The deal strengthens Nazara's India-centric gaming and esports IP portfolio.
Nazara Technologies invested ₹14.99 Crore to acquire 1,278 additional shares in Rusk Media. This transaction increases Nazara's total shareholding in the entity to 7.62%.
Axana Estates LLP acquired 1,47,70,680 shares of Nazara Technologies in the open market. This increases the promoter group's stake from 27.15% to 31.14%.