The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Axana Estates LLP & PACs
NAZARA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Axana Estates LLP, a promoter group entity, acquired 1,47,70,680 shares (3.99%) of Nazara Technologies on May 15, 2026 through what appears to be an inter-se transfer. After this acquisition, Axana Estates' holding increased from 5.40% to 9.38%. Together with Persons Acting in Concert (PACs) including Plutus Wealth Management LLP (10.91%), Junomoneta Finsol (1.70%), Arpit Khandelwal (7.44%), and Siddhartha/Mithun Sacheti (1.70% combined), the promoter group now holds 31.14% of the company, up from 27.15% before the acquisition. The acquirer confirmed belonging to the Promoter/Promoter group. No pledges, convertible securities, or voting rights otherwise than equity shares were involved.
The promoter group's stake has crossed the 30% threshold (now at 31.14%), signaling increased promoter confidence and control in Nazara Technologies. This is a moderately positive signal for existing shareholders as it indicates insider buying by the promoter group.