News Orders & Deals Nazara Technologies Completes INR 27.15 Crore Acquisition of Rusk Media StakeNazara Technologies Completes INR 27.15 Crore Acquisition of Rusk Media Stake
Nazara Technologies Limited completed its acquisition of 4,276 Series A CCPS in Rusk Media Private Limited for INR 27,14,91,792 on January 30, 2026. The transaction, executed through a cash payment, represents 5.23% of Rusk Media's share capital on a fully diluted basis. Following this strategic acquisition, Nazara Technologies' total holding in RMPL has increased to 7.18%, strengthening its position in the gaming and media sector.
*this image is generated using AI for illustrative purposes only.
Nazara Technologies Limited has successfully completed its strategic acquisition of Series A Compulsorily Convertible Preference Shares (CCPS) in Rusk Media Private Limited, marking a significant milestone in the company's expansion strategy. The transaction, completed on January 30, 2026, represents a substantial investment in the gaming and media sector.
Transaction Details
The acquisition involved a comprehensive share purchase arrangement with specific financial parameters. Nazara Technologies paid the full consideration amount through a cash transaction, demonstrating the company's strong financial position and commitment to strategic growth.
| Parameter: | Details |
|---|---|
| Total Consideration: | INR 27,14,91,792 |
| Payment Method: | Cash |
| Number of Shares: | 4,276 Series A CCPS |
| Share Value: | INR 10 per share |
| Stake Acquired: | 5.23% (fully diluted basis) |
| Transaction Date: | January 30, 2026 |
Shareholding Impact
The completed acquisition significantly enhances Nazara Technologies' position in Rusk Media Private Limited. Following this transaction, the company's total holding in RMPL has increased to 7.18%, providing greater influence and participation in the target company's operations and strategic decisions.
Legal Framework and Compliance
The acquisition was executed pursuant to a Share Purchase Agreement dated November 12, 2025, including amendments thereto. The transaction involved Nodwin Gaming Private Limited, an associate of Nazara Technologies, as a party to the agreement. The company has fulfilled all regulatory disclosure requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Strategic Significance
This acquisition represents Nazara Technologies' continued focus on expanding its presence in the gaming and media ecosystem. The investment in Rusk Media Private Limited aligns with the company's broader strategy of building a comprehensive portfolio of gaming and entertainment assets. The transaction demonstrates the company's ability to execute strategic acquisitions while maintaining strong financial discipline through cash-based transactions.
Historical Stock Returns for Nazara Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.46% | -10.50% | -10.02% | -24.38% | +7.90% | +30.15% |
20
