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Nazara Technologies Extends Timeline for Subsidiary Share Acquisition

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Nazara Technologies Extends Timeline for Subsidiary Share Acquisition

Nazara Technologies Ltd. ( (IN:NAZARA) ) has shared an update.

Nazara Technologies Ltd. has announced an extension of the timeline for acquiring 18,330 equity shares of its material subsidiary, Absolute Sports Private Limited. This acquisition, which involves shares arising from employee stock options, is now set to close by March 31, 2025, potentially impacting the company’s strategic positioning and stakeholder interests.

More about Nazara Technologies Ltd.

Nazara Technologies Ltd. is a diversified gaming and sports media platform with operations across India, the Middle East, Africa, and Europe. The company is known for its interactive gaming products and services, focusing on mobile gaming and eSports, catering to a wide range of audiences in these regions.

YTD Price Performance: -8.29%

Average Trading Volume: 20,887

Current Market Cap: 79.18B INR

Learn more about NAZARA stock on TipRanks’ Stock Analysis page.

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