tumbled 12.8% to ₹1,219.4 after the Lok Sabha passed the Online Gaming Bill, 2025, banning real money gaming. The move threatens Nazara’s ₹1,060 crore investment in PokerBaazi, where it holds a 46.07% stake via Moonshine Technologies. However, the company clarified it has no direct exposure to RMG businesses, with zero contribution to revenue or EBITDA from the segment in Q1. Nazara was the top loser on the Nifty Microcap 250 index.

#FundamentalViews

784 likes·44 comments