Board approves preferential share allotment of about 730.78 crore rupees and leadership changes

Qip At PremiumMarquee Qip InvestorFund Raising View source PDF Explain this filing

NAZARA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹399.80

prior close

₹405.10

announcement price

After-mkt

timing

Nifty Microcap 250market+0.2%-0.0% vs market

Entertainment peers, median of 54sector · industry level+0.8%-0.6% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.6 pts less than its Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.8

10m

-1.1

15m

-0.6

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+0.2-0.0+0.8-0.6

Next day

+1.2+0.9+0.3+0.7+0.4

+1.3-0.8+2.1+0.8+0.5

+4.8-0.1+4.9+1.4+3.4

+0.9-1.7+2.7+0.2+0.7

-0.2-4.3+4.1-1.1+0.9

+1.0-7.5+8.5-4.4+5.4

15d

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UpDownMarket · Nifty Microcap 250Sector · Entertainment peers, median of 54Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Nazara board on Oct 12, 2026 approved allotment of 2,38,81,711 shares at 306 rupees per share on preferential basis, raising about 730.78 crore rupees from 5 foreign allottees. Leadership transition approved with founder Nitish Mittersain moving to Non-Executive Director role and Mithun Sacheti becoming Executive Director. CFO Rakesh Shah resigns Oct 15, replaced by Arun Agrawal. Also approved 77 million USD infusion into UK arm for Bluetile and Bestplay acquisitions and conversion of inter-corporate loans into equity at subsidiaries.

Likely market impact

Capital raise of about 730.78 crore rupees may dilute existing shareholders but funds international gaming acquisitions. Leadership transition underway.