Nazara Technologies Completes Preferential Issue, Allots 2.38 Crore Shares Worth Rs 730.78 Crore
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 12 Oct 2026, 06:46 PM IST · BSE ID: 85f0f51f-d00f-4d25-954a-eca650dd0471
View Original BSE Filing (PDF)
💡
In Simple Terms
Nazara Technologies raised over Rs 730 crore by issuing new shares to private investors on October 12, 2026.
🤖 AI Summary
- Nazara Technologies allotted 2,38,81,711 equity shares via preferential issue on October 12, 2026.
- Total funds raised amount to Rs 7,30,78,03,566 at an issue price of ₹306 per share.
- Key individuals allotted shares include Mr. Raymond Albaladejo Stauffer and Mr. Marc Sylvester Schutze.
- Board approved re-designation of Mr. Mithun Sacheti and resignation of Mr. Rohit Sharma as Whole-time Director.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares allotted
2,38,81,711
Face value per Equity Share
₹ 2/-
Issue Price per Equity Share
₹ 306/-
Premium per Equity Share
₹ 304/-
Total Amount Raised
Rs 7,30,78,03,566
🏢 How This Affects the Company
The preferential issue provides capital which can be used for strategic initiatives and operational expansion, potentially strengthening the company's market position in the gaming sector.
The Rs 7,30,78,03,566 raised through this preferential issue will bolster Nazara Technologies' cash reserves, enhancing its financial flexibility and reducing reliance on debt financing.
The appointment of a new CFO, Mr. Arun Agrawal, and re-designations of directors signify a shift in leadership structure aimed at driving future growth.
The preferential issue involves allocation to specific individuals, the details of which are disclosed as per regulations. Management changes introduce a period of transition.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from existing shareholders regarding this preferential issue.
👤
Who Is Affected
Existing shareholders will experience dilution in their percentage ownership due to the issuance of new equity shares.
🔍
Management Signal
Management is actively seeking capital through private placements to fund growth initiatives and strategically restructure leadership roles.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Future disclosures on the utilization of funds raised from the preferential issue.
Shareholding patterns post-allotment of new equity shares.
Performance updates of the company's gaming segments.
LOW RISK
The filing details a completed preferential issue and standard management changes as per SEBI regulations.
💡 Investor Takeaway
Nazara Technologies raised Rs 7,30,78,03,566 by allotting 2,38,81,711 equity shares at ₹306 per share via preferential issue on October 12, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Successfully raised Rs 7,30,78,03,566 through a preferential issue, demonstrating investor confidence.
- Acquired Rs 7,30,78,03,566 by allotting 2,38,81,711 equity shares at ₹306 per share.
📅 Company Track Record
Nazara Technologies has previously raised funds via preferential warrants in June 2026 and is active in strategic acquisitions.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
How much capital did Nazara Technologies raise through its preferential issue on October 12, 2026?
Nazara Technologies raised Rs 7,30,78,03,566 by allotting 2,38,81,711 equity shares.
What was the issue price per equity share for Nazara Technologies' preferential allotment?
The issue price per equity share was ₹306, which included a premium of ₹304.
Who were the allottees in Nazara Technologies' recent preferential issue?
The allottees include Mr. Raymond Albaladejo Stauffer, Mr. Marc Sylvester Schutze, Mr. Maxime Loppin, Mr. Alexandre Paul Jean Noirot Cosson, and Mr. Alexander Osou.
What changes were made to Nazara Technologies' board and management during the October 12, 2026 meeting?
Mr. Mithun Sacheti was re-designated as Executive Director, Mr. Rohit Sharma resigned as Whole-time Director, and Mr. Nitish Mittersain was re-designated as Founder and Non-Executive Director. Mr. Arun Agrawal was appointed as CFO.
Questions based on this BSE filing only. For information purposes.