India, March 22 -- Norway's central bank Norges Bank has bought 7.19 Lakh shares of gaming major Nazara Technologies via bulk deals.
As per NSE data, Norges Bank acquired the shares at INR 969.65 per apiece. The complete purchase was worth INR 69.71 Cr.
Norges Bank bought these total 7.19 Lakh shares through its Government Pension Fund Global.
This is the first instance of Norges Bank acquiring a stake in the company. As of January 17,foreign portfolio investors constituted 11.25% of Nazara's equity.
Of these, M TIMF Holdings holds a 1.37% stake, Think India Opportunities Master Fund LP owns 2.66% and Cohesion Mk Best Ideas Sub-Trust holds 1.31%.
Last year, TIMF Holdings bought 12 Lakhs shares of online gaming major in a bulk deal wo...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.