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Zerodha buys ₹93 crore stake in Nazara Technologies as Axana Estates expands and Mitter Infotech exits

Business
Published on 15 May 2026
Zerodha buys ₹93 crore stake in Nazara Technologies as Axana Estates expands and Mitter Infotech exits

Zerodha paid ₹265.85 per share in the rush

Zerodha (Zerodha Broking Ltd) bought over 35 lakh shares of Nazara Technologies in a bulk deal priced at ₹265.85 per share, worth ₹93.05 crore. Alongside, Nazara promoter Axana Estates acquired 1.48 crore shares for ₹392.9 crore. The selling side was promoter group entity Mitter Infotech LLP, which offloaded 42 lakh shares on NSE and 1.51 crore shares on BSE, bringing its stake to 6.09% as of March quarter. Nazara shares surged intraday to ₹314 before closing at ₹300.10.

  • Zerodha purchased 35+ lakh Nazara shares for ₹93.05 crore
  • The bulk deal price was ₹265.85 per share
  • Axana Estates bought 1.48 crore shares for ₹392.9 crore
  • Mitter Infotech sold 42 lakh shares on NSE and 1.51 crore on BSE
  • Nazara stock hit ₹314 intraday, closed at ₹300.10
  • Co-founders Nikhil and Nithin Kamath already held 3.51% via holdings
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

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