Nazara Technologies Approves Preferential Issue of ₹733.5 Cr

Nazara Technologies Limited's Board of Directors has approved a preferential issue of up to 2,39,70,676 equity shares at ₹306 per share, aggregating ₹7,33,50,26,856. The funds will be raised from identified investors, subject to shareholder and regulatory approvals. The company also proposed an increase in authorized share capital from ₹80 crore to ₹90 crore. An Extraordinary General Meeting (EGM) is scheduled for August 30, 2026, to seek shareholder consent for these proposals. The issue price includes a premium of ₹304 per share.