NAZARABSENazara Technologies Ltd· EntertainmentHighNeutral
Announced Mon, 7 Apr, 2025 · 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 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
-0.7%Reaction day
₹239.20
prior close
₹231.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-4.3%+3.6% vs market
Entertainment peers, median of 48sector · industry level-1.6%+0.9% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 0.9 pts more 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
+0.3
10m
+1.1
15m
+1.4
30m
+1.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.7-4.3+3.6-1.6+0.9
Next day
+1.8-2.0+3.8-1.6+3.4
2d
+1.3-3.3+4.5-1.4+2.6
3d
+0.4+0.0+0.4-0.7+1.1
4d
+0.4+3.3-2.9+2.3-1.9
5d
+0.8+4.1-3.4+2.6-1.8
1w
+1.5+6.5-5.0+4.3-2.9
15d
+5.4+2.4+2.9-0.0+5.4
1m
+11.8+2.5+9.3-2.5+14.3
2m
+30.6+17.4+13.2+4.3+26.4
3m
+39.9+18.3+21.6+4.6+35.3
UpDownMarket · Nifty Microcap 250Sector · Entertainment peers, median of 48Pending

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

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.