- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Nazara Technologies Limited has successfully completed its fund infusion of ₹15 crore into its subsidiary, Datawrkz Business Solutions Private Limited. This capital injection was executed through the subscription of 4,959 Compulsorily Convertible Cumulative Preference Shares (CCCPS) at a face value of ₹1 each. This strategic move aligns with Nazara’s growth ambitions and enhances Datawrkz’s operational capacity, potentially leading to increased market presence. Stakeholders should view this development as a positive indicator of Nazara's commitment to expanding its subsidiaries and bolstering their financial stability. Watch closely for future growth opportunities stemming from this investment.