Nazara Technologies , a leading gaming and sports media company, has announced several significant corporate actions and leadership changes following a crucial board meeting.

Approved Corporate Actions

The board has approved the following measures, subject to shareholder approval via postal ballot:

1. Increasing the authorized share capital from Rs. 50.00 crores to Rs. 80.00 crores
2. A 2:1 stock split, reducing the face value of shares from Rs. 4.00 to Rs. 2.00
3. Issuance of bonus shares in the ratio of 1:1

These actions are aimed at enhancing liquidity and encouraging retail investor participation.

Financial Performance

The company reported its latest quarterly results:

• Revenue: Rs. 49,877.00 lakhs
• Consolidated profit: Rs. 407.00 lakhs

Leadership Changes

1. Mr. Rohit Sharma has been appointed as Executive Director for a five-year term starting August 13, 2025.
2. Mr. Rajiv Agarwal has resigned from his position as Non-Executive Non-Independent Director due to professional commitments.

Impact on Share Structure

If approved by shareholders, these corporate actions will significantly impact Nazara Technologies' share structure:

• The stock split will make shares more accessible to a broader range of investors by reducing the price per share while maintaining the company's market capitalization.
• This will be the company's second bonus issue, following a 1:1 bonus in 2022.
• The combination of the stock split and bonus issue could potentially quadruple the number of outstanding shares.

Recent Stock Performance

Nazara Technologies' stock has shown strong performance recently:

Outlook

These corporate actions and leadership changes demonstrate Nazara Technologies' commitment to creating shareholder value and adapting to market dynamics. The gaming and sports media sector continues to be an area of interest for investors, and these moves may further solidify Nazara's position in the market.

Investors should note that the implementation of these measures is subject to shareholder approval. As always, it is advisable to conduct thorough research and consider personal financial goals before making investment decisions based on corporate actions or stock performance.

Nazara Technologies Limited , a prominent player in the gaming and sports media sector, has announced a crucial board meeting scheduled for August 12, 2025. The meeting agenda includes deliberations on potential significant corporate actions that could impact shareholders.

Key Highlights

• Board meeting scheduled for August 12, 2025
• Consideration of bonus issue and stock split
• Review of Q1 FY2026 financial results

Potential Corporate Actions

The board of directors will discuss and potentially approve two major corporate actions, subject to shareholder approval and other necessary regulatory clearances:

1. Stock Split: The company is considering a sub-division or split of its existing equity shares. Currently, Nazara Tech's shares have a face value of INR 4.00 each. The proposed split, if approved, could increase the number of outstanding shares while reducing the face value per share.

2. Bonus Issue: The board will also deliberate on the issuance of bonus shares to its shareholders. This move, if implemented, would reward existing shareholders by issuing additional shares without any cost to them.

Financial Results Review

In addition to these corporate actions, the board meeting will focus on approving the unaudited financial results for the first quarter of the fiscal year 2026, ending June 30, 2025. This review will cover both consolidated and standalone financial statements of the company.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (SEBI) regulations and the company's internal policies, Nazara Technologies has announced that the trading window for dealing in the company's securities will remain closed. The closure, which began on July 1, 2025, will continue until 48 hours after the announcement of the board meeting outcome. This measure applies to all designated persons, connected persons, and their immediate relatives to prevent insider trading.

Investor Implications

The potential stock split and bonus issue, if approved, could have significant implications for Nazara's shareholders:

• A stock split could potentially improve liquidity and make the shares more accessible to a broader range of investors.
• A bonus issue would increase shareholders' holdings without additional cost, effectively rewarding their investment in the company.

Investors and market watchers will be keenly awaiting the outcome of this board meeting, as it could signal Nazara Technologies' strategic direction and its commitment to enhancing shareholder value.

The company has urged stakeholders to await official announcements following the board meeting for confirmed details on these potential corporate actions and the latest financial performance.