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Nazara Technologies To Raise Rs 495 Crore From Axana Estates; Share Price Surges Over 5%

Nazara Technologies Ltd. on Monday announced that it will raise Rs 495 crore via preferential issue of shares. The shares will be allocated to Axana Estates LLP at an issue price of Rs 990 apiece, which is a 5% discount to the current market price.

The prominent player in the gaming industry will…

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