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NAZARA
Nazara Technologies will de-subsidiarise its esports arm, Nodwin Gaming, by not participating in Nodwin's fresh capital raise. This move, subject to shareholder approval on August 13, 2025, will reduce Nazara's stake below 50%, reclassifying Nodwin as an associate company to allow it greater operational and financial flexibility.
In recent acquisition news, Nazara completed the purchase of UK-based Curve Digital Entertainment for ₹247 crore and took 100% ownership of Smaaash Entertainment for ₹126 crore in June 2025, expanding its gaming portfolio.
Nazara's stock has shown strong performance, closing at ₹1,331.70 on July 16, 2025, with a 43.34% gain over the last three months. The company's Q1 FY26 financial results are highly anticipated following robust Q4 FY25 revenue of ₹520.2 crore.#StockInNews#FundamentalViews#PersonalFinance#EquityResearch#HiddenGems
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