NAZARANSENazara Technologies Limited· EntertainmentHighNeutral
Announced Wed, 11 Jun, 2025 · 15:42 IST

Choice Capital Advisors Private Limited has submitted to� the Exchange� a copy of Corrigendum to the public announcement, detailed public statement, and the Draft letter of offer ("Corrigendum") for the attention of the public shareholder of the company

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDFExplain 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
-1.9%Reaction day
₹318.50
prior close
₹318.80
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.5%-0.4% vs market
Entertainment peers, median of 50sector · industry level-1.0%-0.9% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.9 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
5m
+0.4
10m
+0.3
15m
-1.3
30m
-0.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.9-1.5-0.4-1.0-0.9
Next day
+4.0-1.8+5.8-2.1+6.1
2d
+4.1-1.5+5.6-2.3+6.3
3d
+2.7-2.5+5.2-2.5+5.2
4d
+3.6-2.8+6.4-3.3+6.9
5d
+2.0-4.6+6.6-3.9+5.9
1w
+3.2-4.0+7.2-4.2+7.4
15d
+7.6-0.4+8.0-2.7+10.3
1m
+4.5-0.1+4.6-3.1+7.6
2m
+11.3-4.8+16.1-7.3+18.6
3m
-14.0-2.1-11.9-8.2-5.8
UpDownMarket · Nifty Microcap 250Sector · Entertainment peers, median of 50Pending

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

AI summary

Nazara Technologies has issued a corrigendum to its earlier public announcement for an open offer to acquire equity shares from public shareholders. The open offer is being made under SEBI Takeover Regulations 3(1) and 4 read with 13(1) and 15(1). The acquirers are Axana Estates LLP and Plutus Wealth Management LLP, acting together with Junomoneta Finsol Private Limited as the Person Acting in Concert (PAC). The corrigendum, published on June 10, 2025 in Financial Express, Jansatta and Mumbai Lakshadeep, discloses material updates, a revision of the offer size, and revised financial arrangements. Choice Capital Advisors Private Limited is acting as the Manager to the Open Offer.

Likely market impact

The revised offer size and financial details are important for existing shareholders deciding whether to tender their shares in the open offer. Shareholders should review the corrigendum carefully as it could change the attractiveness of the offer price or terms compared to the original announcement.