Latest news with #NazaraTechnologiesLimited
The Hindu
21 hours ago
- Business
- The Hindu
Nazara Technologies stock crashes 10% after Lok Sabha passes Bill on online gaming; Delta Corp falls 2%
Nazara Technologies Limited's stock on Thursday (August 21, 2025) crashed 9.70% at about noon a day after the Lok Sabha passed the Promotion and Regulation of Online Gaming Bill 2025. The company's stock fell to ₹1,103.15 under selling pressure. The Bill proposes to prohibit all pay-to-play online games, including both games of skill and chance. It will also halt operations of regulated Real Money Gaming (RMG) platforms in the country. Nazara, which is listed on the BSE and NSE, owns and operates several online and offline gaming businesses and has been on an acquisition spree. The shares of another listed gaming company Delta Corp Ltd. also fell 1.97% to ₹91.98 due to the adverse impact of the Bill on the company's operations.
Economic Times
06-08-2025
- Business
- Economic Times
Nazara Technologies board to consider bonus issue, stock split on Aug 12; stock jumps 2%
Shares of Nazara Technologies rose as much as 2.4% to touch an intraday high of Rs 1,404 on the BSE on Wednesday after the company announced that its Board of Directors will meet on August 12 to consider a stock split as well as a bonus share issue. ADVERTISEMENT In a regulatory filing, the company said the board will also consider the unaudited financial results for the quarter ended June 30, 2025. 'Pursuant to Regulation 29 of the Listing Regulations, we wish to inform you that the Meeting of the Board of Directors of Nazara Technologies Limited (the 'Company') is scheduled to be held on Tuesday, August 12, 2025, to consider, inter-alia, the following: 2. Subject to approval of the shareholders of the Company and other requisite approvals: i) Sub-division/split of existing equity shares of face value of INR 4/- each; and ii) Issuance of bonus shares,' the company's filing to the stock exchanges said. The trading window for insiders and designated persons has been closed since July 1 and will remain shut until 48 hours after the outcome of the board meeting is to the data available on Trendlyne, Nazara Technologies issued bonus shares to its shareholders once in June 2022, in a 1:1 ratio. If approved, this will be the first-ever instance of the company going for a stock the past one year, the shares of Nazara Technologies have gained 53.96%, while the year-to-date (YTD) return stands at 37.37%. In the last six months, it has risen 43.54%, and over a three-month period, the stock has delivered a return of 36.81%. The one-month gain, however, has been marginal at 0.12%. ADVERTISEMENT Also read: Samir Arora sees investment opportunities in companies reshaping consumer behaviour (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
06-08-2025
- Business
- Time of India
Nazara Technologies board to consider bonus issue, stock split on Aug 12; stock jumps 2%
Shares of Nazara Technologies rose as much as 2.4% to touch an intraday high of Rs 1,404 on the BSE on Wednesday after the company announced that its Board of Directors will meet on August 12 to consider a stock split as well as a bonus share issue. In a regulatory filing, the company said the board will also consider the unaudited financial results for the quarter ended June 30, 2025. 'Pursuant to Regulation 29 of the Listing Regulations, we wish to inform you that the Meeting of the Board of Directors of Nazara Technologies Limited (the 'Company') is scheduled to be held on Tuesday, August 12, 2025, to consider, inter-alia, the following: 2. Subject to approval of the shareholders of the Company and other requisite approvals: i) Sub-division/split of existing equity shares of face value of INR 4/- each; and ii) Issuance of bonus shares,' the company's filing to the stock exchanges said. The trading window for insiders and designated persons has been closed since July 1 and will remain shut until 48 hours after the outcome of the board meeting is disclosed. According to the data available on Trendlyne, Nazara Technologies issued bonus shares to its shareholders once in June 2022, in a 1:1 ratio. If approved, this will be the first-ever instance of the company going for a stock split. Nazara Technologies share price history Over the past one year, the shares of Nazara Technologies have gained 53.96%, while the year-to-date (YTD) return stands at 37.37%. In the last six months, it has risen 43.54%, and over a three-month period, the stock has delivered a return of 36.81%. The one-month gain, however, has been marginal at 0.12%. Also read: Samir Arora sees investment opportunities in companies reshaping consumer behaviour
