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Nazara Technologies has announced an Extraordinary General Meeting (EGM) to seek shareholder approval for the de-subsidiarisation of Nodwin Gaming. Currently, Nazara holds 51.78% in Nodwin. Nodwin is pursuing a capital raise, and Nazara has decided not to participate, which will dilute its stake below 50%. This move will reclassify Nodwin as an associate, granting it greater operational and financial flexibility for its growth. Nazara will remain the largest shareholder with key rights, allowing it to sharpen its strategic focus on core gaming IPs while still benefiting from Nodwin's performance. The Board supports this strategic restructuring.