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Nazara Technologies secures Rs 733.5 crore via equity share offering from Bluetile and BestPlay
06-Aug-2026, 03:51
Nazara Technologies Limited announced a preferential issue of equity shares aggregating to approximately Rs 733.5 crore, with founders and senior leadership of Bluetile Games and BestPlay Systems subscribing entirely to the offering at Rs 306 per share. Raymond Albaladejo Stauffer, who will assume the role of Chief Executive Officer of Nazara Technologies on September 1, 2026, subject to regulatory approvals, will invest Rs 583.48 crore, making him a significant individual shareholder, while the proceeds will strengthen Nazara’s balance sheet and support strategic acquisitions and growth across its gaming portfolio.
Nazara Technologies Limited announced a preferential issue of equity shares aggregating to approximately Rs 733.5 crore, with founders and senior leadership of Bluetile Games and BestPlay Systems subscribing entirely to the offering at Rs 306 per share. Raymond Albaladejo Stauffer, who will assume the role of Chief Executive Officer of Nazara Technologies on September 1, 2026, subject to regulatory approvals, will invest Rs 583.48 crore, making him a significant individual shareholder, while the proceeds will strengthen Nazara’s balance sheet and support strategic acquisitions and growth across its gaming portfolio.