The Board of Directors of Nodwin Gaming (Nodwin), a material subsidiary of Nazara Technologies (Nazara) at their meeting held on 18 April 2022 has approved the Acquisition of 35% of the paid up share capital of Brandscale Innovations by way of subscription to 567 equity shares having a face value of Rs 100/- each of Brandscale Innovations for a total consideration of Rs 1,00,160,550/- payable in cash.
Brandscale Innovations deals in the business of trading, manufacturing gaming accessories including but not limited to audio headphones and other gaming accessories across computer and mobile. The proposal investment is part of Nodwins growth strategy to unlock power of its community and strengthen its D2C revenues.
Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
