Nazara Technologies Submits Q4 FY26 Monitoring Agency Report for Preferential Issue Proceeds of INR 495.00 Crore
Published on: May 13, 2026, 1:31 a.m. | Source: scanx.trade
Nazara Technologies filed its Q4 FY26 Monitoring Agency Report with BSE and NSE on May 12, 2026, covering the utilisation of INR 495.00 crore raised through a preferential issue of 50,00,000 equity shares at INR 990.00 per share. ICRA Limited, the appointed monitoring agency, confirmed no deviation from the stated objects of the issue. As of March 31, 2026, INR 64.96 crore had been utilised, while the remaining INR 430.04 crore was deployed across mutual funds and a fixed deposit, with a combined market value of INR 446.56 crore and total earnings of INR 16.52 crore. Both objects — expansion and growth, and general corporate purposes — remain on schedule within the stipulated 36-month timeline.
