PE Fund Investments

Plutus Wealth acquires addl 6% stake in Nazara Tech for Rs.303-Cr

Economic Times  

Plutus Wealth Management has acquired 48,84,000 equity shares, representing about 6% in ?Nazara Technologies?, through a block deal on May 27. The shares, purchased from Mitter Infotech LLP, one of the promoter entities of the Mumbai-based, publicly listed gaming and entertainment company, at INR 620.50 aggregated to around INR 303 crore.Plutus Wealth Management has been an investor in Nazara since 2020. (The company went public in 2021.)

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