Nazara Technologies board approves preferential issue worth ₹900 crore and additional stake acquisition in Absolute Sports
Summary
Nazara Technologies has approved a preferential issue worth ₹900 crore. The company also plans to acquire more stake in Absolute Sports. This move signals a significant capital infusion and continued investment in its media and gaming portfolio. The news is relevant to readers tracking software and digital media companies because Nazara operates in the gaming and interactive entertainment space.
Funding
Amount
$17.4M
Total raised
Date
September 18, 2024
Announcement date
Investors
-
Lead investors
Company
https://app.sportskeeda.com/Download
Funded company
Classifications
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applications
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