Nazara Technologies Ltd

Nazara Technologies Limited will seek shareholder approval to raise funds through the issuance of equity shares or convertible instruments on a preferential basis, according to a regulatory filing on August 3, 2026. The company’s board of directors will meet on August 6, 2026, to consider the proposal, which is in accordance with the Companies Act, 2013 and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Trading window for designated persons will remain closed until 48 hours after the announcement of the board meeting outcome.

Nazara Technologies Limited disclosed that ICRA Limited, the monitoring agency appointed to oversee the utilization of proceeds from its preferential issue of equity shares, has submitted its report for the quarter ended June 30, 2026. The report, submitted August 3, 2026, confirmed that the utilization of the INR 495.00 crore raised through the issuance of 50,00,000 equity shares is in line with the objects of the issue, with no deviations observed. The company incurred issue-related expenses of INR 0.38 crore, and a total of INR 412.35 crore remains unutilized, primarily deployed in mutual funds and fixed deposits.

Nazara Technologies Limited announced a consolidated revenue of INR 429 crore and EBITDA of INR 46 crore for the quarter ended June 30, 2026, alongside the appointment of Raymond A. Stauffer as Chief Executive Officer, effective September 1, 2026, subject to regulatory approvals, and an accelerated agreement to acquire 100% ownership of Bluetile and BestPlay for USD 303 million. The gaming segment reported revenue of INR 275 crore, a 14% year-over-year increase, with an EBITDA margin of 19.5%, while the company reported a loss after tax from continuing operations of INR 82 crore, and expects to operate at a materially greater scale from the second quarter of fiscal year 2027 following the Bluetile and BestPlay transaction, which will see USD 89 million payable at closing and the remaining USD 214 million payable by April 1, 2027.

Nazara Technologies Limited announced that its board of directors approved the allotment of 1,33,31,000 equity shares with a face value of Rs 2 each upon the conversion of an equal number of warrants, following the receipt of Rs 195 per warrant, which is 75% of the warrant issue price. The allotment, made to Riambel Capital PCC -RCC1 and Plutus Investments and Holding Private Limited, increased the company’s paid-up equity share capital from 37,04,65,024 shares to 38,37,96,024 shares, with a corresponding increase in amount from Rs 74,09,30,048 to Rs 76,75,92,048.

Nazara Technologies Limited will hold a board meeting on Monday, August 03, 2026, to consider and approve the Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2026, according to a regulatory filing. The trading window for securities of Nazara Technologies Limited remains closed for Designated and Connected persons and their immediate relatives until 48 hours after the announcement of the board meeting’s outcome, as per Securities and Exchange Board of India regulations.

Nazara Technologies announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 August 2026.

Nazara Technologies Ltd gained for a fifth straight session today. The stock is quoting at Rs 293.5, up 2.68% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.23% on the day, quoting at 23912.85. The Sensex is at 76447.04, up 1.22%. Nazara Technologies Ltd has slipped around 1.82% in last one month. Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has slipped around 6.94% in last one month and is currently quoting at 1487.6, up 0.93% on the day. The volume in the stock stood at 9.29 lakh shares today, compared to the daily average of 21.24 lakh shares in last one month.The PE of the stock is 205.68 based on TTM earnings ending March 26.Powered by Capital Market - Live

The board of Nazara Technologies has approved the allotment of 1,82,31,000 convertible warrants at a price of Rs 260 per warrant (including a premium of Rs 258 per warrants) on preferential basis against receipt of 25% of the subscription amount of Rs 118.50 crore.

According to reports, Zerodha co-founder Nikhil Kamath and existing shareholder Axana Estates LLP were likely among the buyers in the transactions. Reports further suggested that Nazara Technologies founder Nitish Mittersain was likely the seller in the block deals. At the end of the March 2026 quarter, Nitish Mittersain held a 2.18% stake in the company, while Axana Estates LLP owned 5.4%. Nikhil Kamath, through Kamath Associates, held a 1.62% stake in the company. NKSquared, the investment firm led by Nikhil Kamath and Nithin Kamath, held an additional 1.89% stake. Nazara is India's only publicly listed gaming company with businesses spanning Kiddopia, Animal Jam, World Cricket Championship, Sportskeeda, Curve Games, Fusebox Games, Funky Monkeys, Smaash Entertainment and ad-tech unit Datawrkz. With operations across India, North America and other markets, it is building a global gaming platform with strong IP and publishing capabilities. On a consolidated basis, Nazara Technologies reported a 305% jump in PAT from continued operations to Rs 56 crore in Q4 FY26, despite a 24% decline in net sales to Rs 398 crore compared with Q4 FY25. The company said the YoY decline in revenue was primarily due to the deconsolidation of Nodwin from August 2025. Adjusted for the Nodwin impact, Q4 FY26 revenue grew 8% YoY. Powered by Capital Market - Live

Sheela Foam Ltd, Saregama India Ltd, Pearl Global Industries Ltd and Pricol Ltd are among the other gainers in the BSE's 'A' group today, 15 May 2026.Nazara Technologies Ltd surged 16.33% to Rs 309.8 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 190.04 lakh shares were traded on the counter so far as against the average daily volumes of 2.33 lakh shares in the past one month. Sheela Foam Ltd spiked 14.03% to Rs 620.05. The stock was the second biggest gainer in 'A' group. On the BSE, 2.45 lakh shares were traded on the counter so far as against the average daily volumes of 18325 shares in the past one month. Saregama India Ltd soared 12.30% to Rs 432.7. The stock was the third biggest gainer in 'A' group. On the BSE, 30.75 lakh shares were traded on the counter so far as against the average daily volumes of 1.61 lakh shares in the past one month. Pearl Global Industries Ltd exploded 12.19% to Rs 1720.9. The stock was the fourth biggest gainer in 'A' group. On the BSE, 51302 shares were traded on the counter so far as against the average daily volumes of 1867 shares in the past one month. Pricol Ltd added 9.12% to Rs 624.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 6.66 lakh shares were traded on the counter so far as against the average daily volumes of 22005 shares in the past one month. Powered by Capital Market - Live