Ace investor Madhusudan Kela picks stake in this underperforming smallcap gaming copy- Check details

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Ace capitalist Madhusudan Murlidhar Kela has bought involvement successful the integer amusement entity, showed the December 4th shareholding signifier of Nazara Technologies.

According to the latest shareholding update filed with the exchanges connected the erstwhile day, Kela acquired 10,96,305 equity shares successful the company, equivalent to 1.28 per cent stake. During Q3, the sanction of Madhusudan Kela appeared successful the shareholders' list.

As per the Securities and Exchange Board of India's (SEBI) mandate listed companies successful India are required to disclose the names of shareholders who ain astatine slightest 1 per cent of a company's shares. This disclosure is portion of the company's quarterly shareholding data.

The different apical nationalist shareholders successful the gaming institution arsenic of the December 4th see Kamath Associates and Late Rakesh Jhunjhunwala.

At astir the clip of penning this transcript astatine astir 9:54 am, shares of Nazara Technologies were down arsenic overmuch arsenic 1.51 per cent oregon Rs 15.45 astatine Rs 1,009.30 per stock connected the BSE, while astatine the day's debased it deed levels of 996.05, a resistance of astir 3 per cent from the erstwhile close.

About Nazara Technologies

Commanding a marketplace capitalisation of Rs 8,611.7 crore, the institution is engaged successful the concern of diversified gaming and sports media platform.

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