Nazara plans ₹733.5 crore preferential issue to fund acquisitions and AI-led game growth
Nazara Technologies has approved a preferential equity issue of up to ₹733.5 crore at ₹306 per share. Incoming CEO Raymond Albaladejo Stauffer is set to invest about ₹583.5 crore, with proceeds earmarked for acquisitions, portfolio expansion and AI-led game development.
Nazara Technologies approved a preferential issue of up to ₹733.5 crore to finance acquisitions, gaming-portfolio growth and AI-led game development. Subscribers include founders and senior leaders of acquired Bluetile Games and BestPlay Systems; incoming CEO Raymond Albaladejo Stauffer will invest about ₹583.5 crore.
Why this matters
The move follows Nazara’s recent signals on a ₹733.5 crore preferential issue and Raymond Stauffer’s planned ₹583 crore investment, reinforcing its gaming-expansion funding strategy.
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