NAZARABSENazara Technologies LtdHighNeutral
Announced Mon, 7 Apr · 08:07 IST

Choice Capital Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Public Announcement and Detaild Public Statement ("Corrigendum") for the attention ....

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Choice Capital Advisors, the manager to the open offer, has filed a corrigendum to the Detailed Public Statement (DPS) for the ongoing open offer on Nazara Technologies. The corrigendum specifically discloses the receipt of the Competition Commission of India (CCI) notification for the proposed open offer. The open offer is being made under SEBI Takeover Code regulations 3(1), 4, 13(1) and 15(1), with Axana Estates LLP and Plutus Wealth Management LLP as Acquirers, along with Junomoneta Finsol Private Limited as Person Acting in Concert (PAC). The corrigendum was published on April 5, 2025 in Financial Express, Jansatta, and Mumbai Lakshadeep. The move signals that regulatory approvals for the acquisition are progressing.

Likely market impact

This is a procedural update confirming CCI clearance for the open offer on Nazara Technologies. Shareholders should review the final offer terms and timeline as the acquisition process moves forward, with the open offer price and tendering details now nearing finalization.