Nazara Technologies to Seek Board Approval for Fundraising
Mumbai – Nazara Technologies Limited announced on March 24, 2026, that a meeting of its Board of Directors is scheduled for Monday, March 30, 2026. The primary agenda of the meeting includes a proposal to raise funds through the issuance of equity shares, convertible instruments, or other eligible securities on a preferential basis.The fundraising initiative will be conducted in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The board will also consider ancillary actions related to the fundraising, including a notice to shareholders seeking their approval.
Trading window for securities of the Company will be closed for Designated Persons and their immediate relatives and connected persons. The trading window closure will remain in effect until 48 hours after the announcement of the board meeting’s outcome.
Details of the meeting are available on the company’s website at www.nazara.com.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.