Nazara Technologies Limited — Others, 15-05-2025: Monitoring Agency Report

Nazara Technologies Limited has announced a board meeting on the financial results for the quarter and half-year. Recent disclosures confirm that proceeds from the preferential issue totaling around INR 502.20 Cr and INR 855 Cr were deployed as planned—covering debt repayment, inorganic growth, investments, and general corporate needs. Investments in Moonshine Technology Private Limited and Absolute Sports Private Limited have been completed, with remaining funds secured in fixed deposits or bank accounts. These steps support Nazara’s ongoing growth and strategic expansion efforts.