ALPHA TRIBE

Nazara Technologies LimitedOthers, 12-08-2025: Amendment to AOA/MOA

12-08-2025 | 07:07 pm

Nazara Technologies' board has approved Q1 financial results. To boost share liquidity, a 1:1 bonus issue and 1:2 stock split (Rs. 4 to Rs. 2 face value) are proposed, pending shareholder approval. Authorized capital also increases to Rs. 80 crore. Strategic moves include acquiring UK-based Curve Digital Entertainment for Rs. 247 crore and wrestling content sites for Rs. 10.5 crore. Rohit Sharma joins as Whole-time Director; Rajiv Agarwal resigned. The company noted significant GST notices over Rs. 11,871 crore for a subsidiary and associates, with management expecting no liability. Nodwin Gaming will become an associate.

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