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Nazara Tech To Raise Rs 100 Cr From Zerodha Founder Nikhil Kamath; Shares Rally 11%

Nazara Tech to issue 14 lakh shares worth Rs 100 cr to Nikhil Kamath's firms

Online gaming company Nazara Technologies on Monday said it will issue up to 14 lakh equity shares of face value of Rs 4 each at a price of Rs 714 per equity share to Zerodha Cofounder Nikhil Kamath's companies.The shares, worth nearly Rs 100 .

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Zerodha Cofounder Nikhil Kamath may acquire more stake in Nazara Technologies

Nikhil Kamath, Co-founder and CEO of leading stock broker Zerodha, is reportedly acquiring more stake in homegrown gaming platform Nazara Technologies.According to CNBC-TV18, citing sources, Kamath is aiming to acquire a total of 3.5 per cent .

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Zerodha Cofounder Nikhil Kamath May Acquire More Stake In Nazara Technologies

The deal is expected to close soon, Nazara Tech, however, refused to comment on the “speculation”, said the report.

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Nikhil Kamath to increase stake in mobile gaming company Nazara Technologies

Nikhil Kamath to increase stake in mobile gaming company Nazara Technologies
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