Nazara Technologies Increases Funky Monkeys Stake to 64%

Transaction Details

Nazara Technologies Limited has received a letter of allotment dated August 21, 2026, from its subsidiary Funky Monkeys Play Centre Private Limited. The allotment consists of 187,586 equity shares of face value ₹10 each, representing exactly 4.00% of Funky Monkeys' equity share capital.

Financial Consideration

The company paid a primary subscription amount of ₹8,00,00,000 (₹8 crore) for these shares. This represents an investment of approximately ₹426.33 per share (₹8,00,00,000 ÷ 187,586 shares).

Ownership Impact

Consequent to this allotment, Nazara Technologies' shareholding in Funky Monkeys has increased to 64.00% of the subsidiary's equity share capital. This indicates the company's previous holding was 60.00% before this transaction.