ALPHA TRIBE

Nazara Technologies LimitedOthers, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

14-11-2024 | 09:24 pm

Nazara Technologies Limited has confirmed that there are no deviations or variations in the utilization of funds raised through recent preferential issues, as reported for the quarter ended September 30, 2024. The total amounts raised include ₹315.29 crore, ₹509.99 crore, and ₹249.99 crore, allocated for strategic acquisitions and debt repayment among other purposes. This consistency in fund utilization may instill confidence among investors. With no discrepancies noted, the company appears to maintain a focused approach on its growth strategy, reflecting a positive outlook for stakeholder interests.

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