Nazara to raise Rs 900 crore, hikes stake in Absolute Sports to 91%

Listed gaming and media firm Nazara Technologies has approved a preferential equity issue to raise Rs 900 crore from a group of investors including SBI Mutual Fund, Junomoneta Finsol (an associate of Plutus Wealth), Think Investments, Discovery Investments, CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Cohesion Investments, Chartered Finance and Leasing, Ratnabali Investments and Aamara Capital.