India, Dec. 29 -- Listed gaming major Nazara Technologies saw a large secondary transaction on December 29, with SBI Mutual Fund selling 45.09 Lakh shares through a block deal on the exchanges.
The shares were offloaded at an average price of INR 240.18 per share, valuing the transaction at around INR 108.3 Cr, per NSE data.
This is one of the largest stake sales for Nazara this year, which has consistently attracted global and domestic institutional investors. Earlier this year, Norges Bank, which manages Norway's sovereign wealth fund, entered Nazara's cap table for the first time by buying 7.19 Lakh shares worth nearly INR 70 Cr via bulk deals.
Estate of late investor Rakesh Jhunjhunwala completely exited Nazara earlier this year, s...
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