Nazara Technologies Limited — Others, 12-08-2025: Appointment

Nazara Technologies' board approved the financial results for the quarter, reporting consolidated revenue of Rs. 498.77 Cr and profit of Rs. 51.34 Cr. To enhance stock liquidity and retail investor participation, the company plans a 1:2 stock split (Rs. 4 FV to Rs. 2 FV) and a 1:1 bonus share issue, both subject to shareholder approval. The authorized share capital will increase to Rs. 80 Cr. Strategically, Nazara UK acquired Curve Digital Entertainment for Rs. 247 Cr, and the company completed a preferential allotment raising Rs. 495 Cr. Mr. Rohit Sharma was appointed Executive Director, bringing significant industry experience, while Mr. Rajiv Agarwal resigned from the board.