Nazara allots 1.33 crore shares on warrant conversion; raises about Rs 260 cr

Warrants ConvertedFund Raising View source PDF Explain this filing

NAZARA · price

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

+1.5%Reaction day

₹303.35

prior close

₹309.00

announcement price

In-mkt

timing

Nifty Microcap 250market-0.6%+2.1% vs market

Entertainment peers, median of 50sector · industry level-0.6%+2.2% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.2 pts more than its Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+1.5-0.6+2.1-0.6+2.2

Next day

+11.2+0.5+10.7-0.7+11.9

+11.8+1.9+9.9+0.0+11.8

+15.1+2.3+12.9+0.0+15.1

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15d

+17.7+4.9+12.9-1.9+19.6

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+29.6+4.8+24.8-7.1+36.7

+31.4pendingpending-11.3+42.7

UpDownMarket · Nifty Microcap 250Sector · Entertainment peers, median of 50Pending

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AI summary

Nazara Technologies has allotted 1,33,31,000 equity shares on conversion of warrants issued June 5, 2026 via preferential private placement. Company received about Rs 260 crore (Rs 195 per warrant, 75% of Rs 260 issue price) from Riambel Capital (94.85 lakh shares) and Plutus Investments (38.46 lakh shares). Paid-up equity capital rose from Rs 74.09 crore to Rs 76.76 crore. New shares rank pari-passu with existing shares, subject to SEBI lock-in.

Likely market impact

About 3.5% equity dilution as 1.33 crore new shares are added. Company raises about Rs 260 crore, but new shares carry SEBI lock-in restrictions.