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Nazara Technologies to raise Rs 900 cr via preferential equity issuance

By Business Standard - 2 months ago
Nazara Technologies announced its largest fund raise to boost its growth trajectory. The company's board has approved a preferential equity issue to raise Rs 900 crore, subject to shareholder and regulatory approvals. This capital infusion will fuel strategic acquisitions, fund business expansion, and enhance the company's ability to seize new growth opportunities.

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