Nazara Technologies Completes Equity Share Allotment from Funky Monkeys Play Centre; Holding Rises to 64%
Nazara Technologies Limited has increased its shareholding in Funky Monkeys Play Centre Private Limited following a significant allotment of equity shares from the subsidiary. The transaction confirms and solidifies Nazara’s stake in the company, bringing its ownership level up to 64.00%.The details of the allotment, based on correspondence dated August 21, 2026, state that 1,87,586 Equity Shares of Funky Monkeys were allotted to Nazara Technologies Limited. These shares carried a face value of ₹ 10/- each and represented 4.00% of the total equity share capital of Funky Monkeys.
Nazara Technologies paid a primary subscription amount of ₹ 8,00,00,000/- in exchange for these shares.
This acquisition has boosted Nazara’s cumulative interest in Funky Monkeys Play Centre Private Limited. Prior to the allotment, the company's stake was consequently increased to 64.00% of its equity share capital.
NAZARA Stock Price Movement
Shares of Nazara Technologies Limited slipped by 0.98% on Friday, settling at ₹354.35. The stock traded with a volume of 567,746 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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