Nazara Technologies Update on acquisition by Nodwin Gaming Private Limited

Nodwin Gaming Private Limited ("Nodwin"), a material subsidiary of Nazara Technologies Limited, has announced the completion of acquisition of 35% equity stake, on fully diluted basis, of Brandscale Innovations Private Limited ("Brandscale Innovations") by way of subscription of 567 equity shares having a face value of ₹ 100/- each for a total consideration of Rs. 10,01,60,550/- (Ten Crore One Lac Sixty Thousand Five Hundred Fifty) on April 22, 2022.

Shares of Nazara Technologies Limited was last trading in BSE at Rs. 1542.00 as compared to the previous close of Rs. 1563.75. The total number of shares traded during the day was 18587 in over 3315 trades.

The stock hit an intraday high of Rs. 1558.45 and intraday low of 1528.20. The net turnover during the day was Rs. 28674650.00.

Source : Equity Bulls

Keywords

NazaraTechnologies INE418L01021 NodwinGaming ACquisition BrandscaleInnovations