Nazara Technologies Shareholders Approve 1:2 Stock Split and 1:1 Bonus Share Issuance

1 min read     Updated on 16 Sept 2025, 01:58 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Nazara Technologies' shareholders approved a 2:1 stock split and 1:1 bonus share issuance in a postal ballot. The stock split will divide each Rs. 4 share into two Rs. 2 shares. The record date for both actions is set for September 26, 2025, with bonus shares to be allotted on September 29, 2025. Shareholders also approved an increase in authorized share capital and key executive appointments and remuneration.

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Nazara Technologies Limited , a leading gaming and sports media company, has received shareholder approval for significant corporate actions that are set to enhance the stock's liquidity and reward existing shareholders.

Stock Split and Bonus Share Issuance

In a postal ballot concluded on September 15, 2025, Nazara Technologies' shareholders overwhelmingly approved a stock split and bonus share issuance. The key details of these corporate actions are as follows:

  1. Stock Split (Sub-division): Each existing equity share with a face value of Rs. 4.00 will be split into two equity shares with a face value of Rs. 2.00 each.

  2. Bonus Share Issuance: The company will issue bonus shares in a 1:1 ratio, meaning shareholders will receive one new equity share with a face value of Rs. 2.00 for every one existing equity share held after the stock split.

Important Dates

  • Record Date: September 26, 2025

    • This date will determine the eligibility of shareholders for both the stock split and bonus share issuance.
  • Bonus Share Allotment: September 29, 2025

    • The new bonus shares will be allotted to eligible shareholders on this date.

Shareholder Approval Details

The postal ballot results revealed strong support for these corporate actions:

Resolution Votes in Favor
Stock Split 99.99%
Bonus Share Issuance 98.52%

Additional Corporate Actions

Shareholders also approved several other resolutions, including:

  1. Increase in the company's authorized share capital.
  2. Appointment of Mr. Rohit Sharma as a Director and Whole-time Director for a term of 5 years.
  3. Approval of remuneration for Mr. Vikash Mittersain (Chairman & Managing Director) and Mr. Nitish Mittersain (Joint Managing Director & CEO) for their remaining terms.

Conclusion

These corporate actions reflect Nazara Technologies' commitment to enhancing shareholder value and improving stock market participation. Investors should note the upcoming record date of September 26, 2025, to ensure their eligibility for the stock split and bonus shares.

Historical Stock Returns for Nazara Technologies

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Nazara Technologies Brings Hit PC Game 'Bodycam' to Fortnite

1 min read     Updated on 08 Sept 2025, 12:44 PM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Nazara Technologies is launching its PC game 'Bodycam' as a custom island in Fortnite, using Unreal Editor for Fortnite (UEFN). The game will feature high-stakes tactical action, community-driven modes, and optimization for multiple platforms. Nazara has partnered with UEFN creator Virstate and Reissad Studio for this project. The game will offer Gun Game and Team Deathmatch modes, with creator-submitted maps coming soon. This move aligns with Nazara's strategy to expand global game IP publishing and platform convergence.

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*this image is generated using AI for illustrative purposes only.

Nazara Technologies Limited , a leading diversified gaming company in India, has announced an exciting new venture that's set to shake up the gaming world. The company is bringing its acclaimed PC title 'Bodycam' to Fortnite, marking a significant milestone in cross-platform gaming.

A New Frontier for Bodycam

Bodycam, known for its realistic tactical gameplay and multiplayer options, is making its debut in the Fortnite ecosystem as a custom island. This move represents the first-ever adaptation of Bodycam into Fortnite, introducing its immersive combat mechanics to a vast new audience.

Leveraging Unreal Editor for Fortnite (UEFN)

The integration of Bodycam into Fortnite is made possible through the Unreal Editor for Fortnite (UEFN). This powerful tool allows Nazara to reimagine Bodycam with high-fidelity visuals, optimized performance, and expanded sandbox possibilities, all while maintaining the game's signature realistic tactical gameplay.

Collaborative Development

Nazara Technologies has partnered with leading UEFN creator Virstate and Reissad Studio, the original creators of Bodycam, to bring this project to life. The collaboration aims to deliver one of the most ambitious experiences ever built on the Fortnite platform.

Game Features

The Bodycam island in Fortnite will offer:

  • High-stakes tactical action
  • Community-driven modes
  • Optimization for console, PC, and mobile platforms
  • Two multiplayer modes: Gun Game and Team Deathmatch
  • Creator-submitted maps (coming soon)

Technical Enhancements

The game will be optimized using Unreal Engine 5.3, featuring:

  • Enhanced lighting
  • Improved sound
  • Multiplayer balancing tailored for Fortnite

Strategic Implications

This launch underscores Nazara's broader strategy to pioneer next-generation global game IP publishing and platform convergence. By leveraging Fortnite and other emerging platforms, Nazara aims to scale original and third-party games worldwide.

Nitish Mittersain, CEO of Nazara Technologies, commented on the launch: "This is a landmark moment not just for Bodycam, but for the future of creator-led gaming and also a first launch for Nazara in Fortnite. Thanks to UEFN, Fortnite is rapidly becoming the go-to hub where creators, brands, and gamers converge. We are proud to bring a premium PC franchise like Bodycam to the Fortnite ecosystem."

As Nazara Technologies continues to expand its global footprint in the gaming industry, this innovative launch of Bodycam in Fortnite represents a significant step forward in cross-platform gaming experiences.

Historical Stock Returns for Nazara Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%-0.31%-21.15%+17.64%+2.84%+37.60%
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