Nazara Technologies Limited — Important, 24-02-2025: Updates

Nazara Technologies Limited has successfully completed its investment in Funky Monkeys Play Centre Private Limited, now becoming a subsidiary. The company acquired a total of 60% of Funky Monkeys’ equity share capital, comprising 3,61,773 equity shares for INR 15 Crores and an additional 6,51,204 equity shares for INR 28.7 Crores from existing shareholders. This move is expected to enhance Nazara's operational footprint in the growing segment of family entertainment, positioning it strategically for future growth. Investors should watch closely for developments in how this acquisition contributes to Nazara's overall portfolio and revenue potential.