Nazara Technologies Allots 1.82 Crore Warrants, Gets Rs 118.5 Crore In Upfront Payment

Nazara Technologies Secures Rs 118.5 Crore with Warrant Allotment

Nazara Technologies has greenlit the preferential allocation of more than 1.82 crore warrants to its investors, a move that allows for conversion into equity shares. This strategic decision has brought in an immediate subscription amount totaling Rs 118.50 crore. Key stakeholders in this allotment include Riambel Capital PCC-RCC1, S Gupta Family Enterprises, Founders Collective Fund, and Plutus Investments and Holding.