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Nazara raises Rs 250 Cr from Zerodha-backed Kamath Associates, ICICI Securities

Nazara raises Rs 250 Cr from Zerodha-backed Kamath Associates, ICICI Securities
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Nazara Tech To Issue 14 Lakh Shares Worth Rs 100 Cr To Nikhil Kamath s Firms

Nazara Tech To Issue 14 Lakh Shares Worth Rs 100 Cr To Nikhil Kamath s Firms
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Nazara Tech to issue 14 lakh shares worth Rs 100 cr to Nikhil Kamath s firms

Online gaming company Nazara Technologies on Monday said it will issue up to 14 lakh equity shares of face value of Rs 4 each at a price of Rs 714 per equity share to Zerodha Cofounder Nikhil Kamath's companies.The shares, worth nearly Rs 100 .

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Zerodha Cofounder Nikhil Kamath may acquire more stake in Nazara Technologies

Nikhil Kamath, Co-founder and CEO of leading stock broker Zerodha, is reportedly acquiring more stake in homegrown gaming platform Nazara Technologies.According to CNBC-TV18, citing sources, Kamath is aiming to acquire a total of 3.5 per cent .

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Zerodha Cofounder Nikhil Kamath May Acquire More Stake In Nazara Technologies

The deal is expected to close soon, Nazara Tech, however, refused to comment on the “speculation”, said the report.

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