Description
BSE announces listing of 50 lakh new equity shares of Nazara Technologies Limited issued on preferential basis to promoters.
Summary
BSE has announced the listing of 50,00,000 new equity shares of Nazara Technologies Limited (Scrip Code: 543280) issued on a preferential basis to promoters. The shares will be available for trading from August 6, 2025.
Key Points
- 50 lakh equity shares of Rs. 4/- each issued at premium of Rs. 986/-
- Issue price: Rs. 990/- per share
- Shares issued to promoters on preferential basis
- Distribution numbers: 87616257 to 92616256
- Date of allotment: June 16, 2025
- ISIN: INE418L01021
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed about the new securities listing
- Shares rank pari-passu with existing equity shares
- Lock-in requirements apply as specified
Important Dates
- Allotment Date: June 16, 2025
- Trading Commencement: August 6, 2025
- Lock-in Period Ends: February 8, 2027
Impact Assessment
The preferential issue represents a significant equity dilution with total value of approximately Rs. 495 crores. The 20-month lock-in period until February 2027 ensures promoter commitment while the preferential nature suggests strategic capital raising for business expansion.
Impact Justification
Significant equity dilution through preferential issue to promoters with lock-in period