Nazara Technologies to raise Rs 500 crore via preferential warrant issue
Gaming company Nazara Technologies has announced a Rs 500 crore fundraise through a preferential issue of warrants, according to a regulatory filing on Monday.
The round saw participation from Riambel Capital, S Gupta Family Investments, Plutus Investment and Holding, Classic Enterprises, and early- and growth-stage investor Founders Collective.
The transaction is subject to shareholder and regulatory approvals. The company plans to issue warrants at Rs 260 apiece, the filing mentioned.
