Nazara Technologies Limited (NAZARA) — Corporate Action Announcement
📢 Key Event
Board approves allotment of 1.82 million warrants at INR 260 each
🔄 What Changed
Total warrants reduced due to one ineligible allottee
🔮 What's Next
18-month exercise window for warrant conversion
💡 Investor Takeaway
Share dilution risk increases as warrants may convert to new equity shares
Nazara Technologies approved the allotment of 1,82,31,000 warrants convertible into equity shares at INR 260 each via private placement, following board resolution on June 4, 2026. The warrants were issued to four allottees after adjusting for one ineligible applicant, with total subscription amount of INR 1,18,50,15,000 received in two installments.
📄 View Original Announcement (PDF)
About Nazara Technologies Limited (NAZARA)
Media Entertainment & Publication · Entertainment · Listed on NSE
Market Cap: ₹11,112.1 Cr
P/E: 206.9
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.