Subsidiary21 Aug 2026, 10:10 pm
Nazara Increases Stake in Funky Monkeys to 64%
AI Summary
Nazara Technologies Limited has increased its shareholding in its subsidiary, Funky Monkeys Play Centre Private Limited, to 64.00%. This follows an investment of ₹8,00,00,000/- for the primary subscription of 1,87,586 equity shares, representing 4.00% of Funky Monkeys' equity share capital. The company's disclosure is in compliance with SEBI (LODR) Regulations, 2015, and is an update to its previous disclosure dated August 03, 2026.
Key Highlights
- Nazara Technologies increased stake in Funky Monkeys to 64%.
- Investment of ₹8 Cr made for additional 4% equity.
- This is an update to a previous disclosure.
- Shareholding increase strengthens control over subsidiary.
Price Impact
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