Nazara Technologies Latest Updates

Clarification on Gaming Bill Nazara Technologies has clarified that the recently approved "Promotion and Regulation of Online Gaming Bill, 2025" will not have a significant financial impact on its operations. The company stated in a regulatory filing that it has no direct exposure to real money gaming (RMG) businesses, and RMG's contribution to its revenue and earnings in the first quarter of fiscal year 2026 was zero. Its only indirect exposure is a minority stake in Moonshine Technologies, which operates PokerBaazi, but since Nazara does not have a majority stake, Moonshine's revenue is not consolidated. Stock Split and Bonus Issue The company's board of directors has approved a 2:1 stock split, which will reduce the face value of each equity share, and a 1:1 bonus share issue. These corporate actions are aimed at increasing the total number of shares and improving liquidity. Both actions are subject to shareholder approval. This is the second bonus issue for the company. Recent Financial Performance Nazara Technologies reported strong financial results for the first quarter of FY26. The company saw a significant increase in both its consolidated revenue and net profit compared to the same period last year. This growth was driven by a strong performance in its gaming and esports segments, which experienced substantial year-on-year growth in revenue. Strategic Restructuring The company is undertaking strategic changes within its business. It has announced plans to deconsolidate Nodwin Gaming, where it is the largest shareholder, subject to shareholder approval. This move is intended to allow Nodwin Gaming to operate more independently. The company has also made recent acquisitions, including a stake in Datawrkz Business Solutions and a gaming community platform called STAN.