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

*this image is generated using AI for illustrative purposes only.
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:
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.
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:
- Increase in the company's authorized share capital.
- Appointment of Mr. Rohit Sharma as a Director and Whole-time Director for a term of 5 years.
- 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
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.64% | -0.31% | -21.15% | +17.64% | +2.84% | +37.60% |