Monitoring Agency Report for the quarter ended March 31, 2026.
NAZARA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICRA Limited has submitted the final Monitoring Agency Report for Q4 FY2026 for Nazara Technologies' INR 495 crore preferential issue (50 lakh equity shares at Rs. 990 each). The report confirms no deviation in utilization of proceeds, with Rs. 64.96 crore deployed out of Rs. 495 crore. The unutilized Rs. 430.04 crore is invested in liquid instruments including mutual funds (arbitrage and debt funds), a fixed deposit with IndusInd Bank, and bank balance. Two main objects — expansion and growth (upto Rs. 371.25 crore) and general corporate purposes (upto Rs. 123.75 crore) — are on schedule within the 36-month implementation window. Issue expenses of Rs. 0.38 crore have been incurred.
The clean bill of health from ICRA indicates proper fund management and adherence to disclosed objects. Investors can track the gradual deployment of Rs. 430 crore in growth initiatives over the coming months.