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Jeet Sarkar

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Nazara Technologies Ltd, a Mumbai-based mobile gaming and sports media company, has issued shares worth Rs 100 crore to Nithin Kamath and Nikhil Kamath, the founders of Zerodha. The move is part of a broader investment in which Nazara allocated 28.66 lakh shares to seven investors for a total of Rs 250 crore at Rs 872.15 per share, exceeding its recent closing price. Plutus Wealth Management LLP and other investors also participated in the round.

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