Nazara Technologies Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Nazara Technologies' board has announced a meeting with key strategic decisions. The company reported a consolidated net profit of ₹ 51.34 Cr for the quarter ended June 30, 2025. To boost liquidity and retail investor participation, a share split (₹4 to ₹2 face value) and a 1:1 bonus share issue (post-split) were approved, pending shareholder consent.

Strategically, Nazara raised ₹ 495 Cr via preferential allotment. Noteworthy acquisitions include Curve Digital by Nazara UK (~₹ 247 Cr) and AFK Gaming by Nodwin (~₹ 7.58 Cr). Nodwin Gaming will transition to an associate company, subject to approvals. Mr. Rohit Sharma was appointed Executive Director, while Mr. Rajiv Agarwal resigned.