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Nazara Technologies LimitedOthers, 12-08-2025: Resignation

12-08-2025 | 08:06 pm

Nazara Technologies' board approved its Q1 financial results. To enhance liquidity and broaden retail investor participation, the company announced a 1:2 stock split, changing the face value from ₹4 to ₹2, followed by a 1:1 bonus share issue. The authorized share capital will also increase from ₹50 crore to ₹80 crore. Additionally, Mr. Rohit Sharma was appointed as an Executive Director for a five-year term, while Mr. Rajiv Agarwal resigned. These significant corporate actions and appointments await shareholder approval via postal ballot.

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