Nazara Technologies hits a 52-week high after IT firm said it would consider raising fund in board meeting
In a statement on Saturday, Nazara Technologies said that it would hold the board meeting "to consider and if thought fit, approve the issuance of equity shares/securities of the Company on a preferential basis, including for consideration other than cash, to one or more persons, and raising of funds by issuance of equity shares/securities of the Company on a preferential basis."
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Nazara Technologies Share Price: Nazara Technologies shares hit a 52-week high of Rs 989.55 in morning deals on BSE on Monday (January 15, 2024) after the IT firm said that it would consider raising funds in its board meeting.
The stock of the company was trading up by 0.98 per cent, or Rs 9.30, at Rs 954.95 at 11 am on Monday
When is Nazara Technologies board meeting scheduled?
Nazara Technologies will hold its board meeting on January 17.
What is Nazara Technologies set to discuss?
In a statement on Saturday, Nazara Technologies said that it would hold the board meeting "to consider and if thought fit, approve the issuance of equity shares/securities of the Company on a preferential basis, including for consideration other than cash, to one or more persons, and raising of funds by issuance of equity shares/securities of the Company on a preferential basis."
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