Nazara Technologies Limited (NAZARA) — Corporate Action Announcement

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📢 Key Event
ICRA's final Monitoring Agency report confirms full compliance with INR 495.00 crores preferential issue proceeds utilization for Nazara Technologies.

🔄 What Changed
ICRA validated zero deviations in fund utilization against the offer document, confirming complete deployment of INR 495.00 crores raised in Q4 FY2026.

💡 Investor Takeaway
Investors should note that all raised capital has been fully deployed as per regulatory requirements with no deviations reported, ensuring transparency in fund utilization.

Nazara Technologies disclosed that ICRA's final Monitoring Agency report for Q4 FY2026 confirms full compliance with the utilization of INR 495.00 crores raised via a preferential issue of 50 lakh equity shares at Rs 990 per share. The report verifies no deviations from stated objects, with all proceeds deployed as per the offer document, including INR 0.38 crores in issue expenses. Utilization details show INR 36.64 crores deployed for expansion and growth, INR 0.38 crores for general corporate purposes, and INR 36.64 crores remaining unutilized as of March 31, 2026. The company confirmed adherence to timelines and shareholder approval requirements.

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About Nazara Technologies Limited (NAZARA)

Media Entertainment & Publication · Entertainment · Listed on NSE

Market Cap: ₹11,112.1 Cr P/E: 206.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Nazara Technologies Limited (NAZARA) — Corporate Action Announcement

About Nazara Technologies Limited (NAZARA)

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