Mitter Infotech LLP, a promoter entity of Nazara Technologies Limited, has offloaded a significant portion of its shareholding. On May 15, 2026, the entity sold 1,92,46,268 equity shares through an open market transaction. Following this sale, the promoter’s stake in the company has decreased from 6.092% to 0.897%. The total share capital of Nazara Technologies remains unchanged at 37,04,65,024 equity shares.
Details of the Share Sale
The promoter group entity, Mitter Infotech LLP, executed a sale of 1,92,46,268 shares in the open market. This divestment represents a significant reduction in the entity’s holding, moving from an initial 6.092% (2,25,69,800 shares) to 0.897% (33,23,532 shares) of the company’s total paid-up equity capital. The transaction was officially recorded on May 15, 2026.
Impact on Promoter Shareholding
While Mitter Infotech LLP has reduced its individual stake, the collective holding of the promoter group continues to include shares held by other Persons Acting in Concert (PACs). The PAC category maintains a stable holding of 82,04,384 shares, which accounts for 2.215% of the total voting capital. After accounting for all changes, the total consolidated holding of the promoter and promoter group has been adjusted to 1,15,27,916 shares, representing 3.112% of the total equity.
Company Capital Structure
As per the latest disclosure, the total equity share capital of Nazara Technologies Limited stands at Rs. 74,09,30,048/-, comprising 37,04,65,024 equity shares with a face value of Rs. 2/- each. This capital structure remains consistent before and after the recent market transaction, indicating that the sale of shares does not alter the underlying equity base of the company.
Source: BSE
