Update | June 6, 17:15 IST Nazara’s board has approved the allotment of 1.82 Cr warrants through a preferential issue at 260 apiece, raising over 474 Cr from investors Fidelis Global (Riambel Capital PCC-RCC1), S Gupta Family Enterprises, promoter Plutus Investments and Founders Collective Fund. While Fidelis Global’s Riambel Capital PCC-RCC1 was allotted the highest 94.85 Lakh shares, S Gupta Family got 40 Lakh shares. The promoter entity received 38.46 Lakh shares and Peter Thiel’s Founders Collective Fund was allotted 9 Lakh shares. Under the structure, warrant holders can convert the instruments into equity shares within 18 months by paying the remaining 75% of the issue price. The company has received around 118.5 Cr upfront as the initial 25% warrant…
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Source & Further Reading
This news report was originally published by Inc42 on Sat, 06 Jun 2026.
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