StockWatch
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Digital Entertainment
Shareholding5 Sept 2026, 07:21 pm

Nazara Technologies Revises Preferential Issue Size

AI Summary

Nazara Technologies Limited has revised its preferential issue size due to an allottee, Mr. Hugo Rémy Gaston Blavin, failing to provide requisite documents on time. Consequently, Mr. Blavin has been excluded from the list of proposed allottees. The preferential issue size is now reduced from ₹7,33,50,26,856 to ₹7,30,78,03,566, with the number of equity shares to be issued decreasing from 2,39,70,676 to 2,38,81,711. The company has also submitted a revised fully diluted shareholding pattern reflecting this change. This adjustment impacts the post-issue shareholding percentages across various categories, notably increasing the stake of Foreign Portfolio Investors Category II.

Key Highlights

  • Preferential issue size reduced to ₹7,307.8 Cr.
  • One allottee excluded due to documentation delay.
  • Number of shares issued revised to 23.88 million.
  • Revised shareholding patterns submitted to exchanges.
  • Foreign Portfolio Investors Category II stake increases.