Acquisitions3 Sept 2026, 10:10 pm
Nazara Tech Increases Funky Monkeys Stake to 68.10%
AI Summary
Nazara Technologies Limited has acquired an additional 4.10% equity share capital in its subsidiary, Funky Monkeys Play Centre Private Limited, for ₹1.90 crore. The shares were purchased through a secondary acquisition from Ms. Binita Putcha, a founder of Funky Monkeys. This transaction increases Nazara Technologies' stake in Funky Monkeys from 64.00% to 68.10%. The disclosure is made in compliance with SEBI (LODR) Regulations, 2015.
Key Highlights
- Nazara Tech acquired 4.10% stake in Funky Monkeys.
- Acquisition cost was ₹1.90 crore.
- Shareholding in Funky Monkeys increased to 68.10%.
- Transaction was a secondary acquisition from a founder.
Price Impact
More from NAZARA