India, May 21 -- The Competition Commission of India has approved the proposed acquisition of a majority stake or control over gaming major Nazara Technologies by Axana Estates LLP, Plutus Wealth Management LLP and Junomoneta Finsol Pvt Ltd.

In its order released yesterday, the antitrust watchdog said the proposed combination relates to the acquisition of a controlling interest in Nazara by the three entities.

However, it did not disclose the financial terms of the deal. A detailed order regarding the approval will come in due course, the CCI said.

As of the quarter ended March 2025, Plutus held a 11.54% stake in Nazara, while Junomoneta owned a 1.79% stake. Plutus is a stock broking firm, whereas Junomoneta operates as a proprietary t...