Nodwin Gaming Private Limited, a material subsidiary of Nazara Technologies Limited, has intimated the completion of the acquisition of 10.26% equity stake, on a fully diluted basis, by way of subscription of 4,276 Compulsorily Convertible Preference Shares (CCPS) of Rusk Media Private Limited for an amount aggregating to ~Rs10cr.
With this acquisition, Nodwin is now holding a 10.26% equity stake, on a fully diluted basis, of Rusk Media. Both the companies had entered into an Investment Agreement after Nodwin board had approved the acquisition on December 10, 2021.
At around 10.10 AM, Nazara Technologies Limited was trading at Rs2206.70 per share up Rs6.00 or 0.27% on the BSE.
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.
