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Nazara Tech surges to 52-week high after promoter Mitter Info sells 6.38% stake to Plutus Wealth

Promoter Mitter Infotech sold the shares to Plutus Wealth Management, a pre-IPO investor in Nazara Tech, as confirmed by the company.

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Nazara Tech promoter Mitter Infotech sells 6.38% stake to existing investor Plutus Wealth

The block trade will provide liquidity for the promoters, who will retain control of the company. Nitish Mittersain will continue in his current role as CEO & joint managing director of the gaming and entertainment company.

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Nazara Tech promoter sells 6.3 pc equity to Plutus Wealth Management

Gaming and sports media platform Nazara Technologies, on Monday, said that its promoter Mitter Infotech has sold 48.84 lakh equity shares, or 6.36 per cent of its stake in the company, to Plutus Wealth Management.The block stock deal will .

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