Nazara Technologies Limited — Important, 12-08-2025: Updates

Nazara Technologies reported Q1 consolidated revenue of ₹498.77 Cr and profit of ₹36.42 Cr. The Board approved a stock split (₹4 to ₹2 face value) and a 1:1 bonus issue, aimed at enhancing liquidity and retail participation. Authorised capital will increase to ₹80 Cr. The company completed key acquisitions: Curve Digital Entertainment for ₹247 Cr, Sportskeeda's ITR Wrestling IPR for ₹10.50 Cr, and AFK Gaming for ₹7.58 Cr. It also invested ₹10 Cr equity and ₹116 Cr loan in Smaaash Entertainment, and sold Openplay for ₹104.34 Cr in CCPS. Rohit Sharma was appointed Whole-time Director. GST show-cause notices totalling ₹274.21 Cr and ₹11,596.78 Cr were received by subsidiaries/associates, which the company is contesting.