Nazara Technologies Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting

Nazara has announced a board meeting approving the acquisition of 100% stake in UK-based Curve Digital Entertainment for up to GBP 21.7 million (~INR 247 Cr) in cash. Curve, a top PC and console game publisher, reported FY24 revenues of GBP 24.4 million (~INR 263.5 Cr) and EBITDA of GBP 10.6 million (~INR 114.4 Cr). This move strengthens Nazara’s global footprint and premium game portfolio. Funding will come via intra-group unsecured loans totaling up to INR 400 Cr. Completion is expected within 45 days.