NAZARANSENazara Technologies LimitedHighPositive
Announced Tue, 12 Aug · 18:57 IST

Nazara Technologies Limited has informed the Exchange that the Board of Directors at its meeting held on August 12, 2025, have considered and approved bonus at the ratio of 1 : 1, i.e 1 Equity Shares for every 1 Equity Shares held.

Stock SplitCorporate Actions View source PDF

NAZARA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nazara Technologies' Board, at its meeting on August 12, 2025, approved a stock split where each equity share of face value Rs. 4 will be subdivided into 2 equity shares of face value Rs. 2 each. Simultaneously, the Board approved a bonus issue in the ratio of 1:1, meaning 1 bonus share for every 1 share held (post-split), taking total shares to roughly 4 for every 1 currently held. The authorised share capital will be raised from Rs. 50 crore to Rs. 80 crore to accommodate the new shares. Both actions are subject to shareholder approval via Postal Ballot, with the record date to be intimated later and completion expected by October 10, 2025. Q1FY26 consolidated revenue stood at Rs. 498.77 crore versus Rs. 250.08 crore YoY, though profit after tax was Rs. 36.42 crore (down from Rs. 40.7 crore).

Likely market impact

The split plus bonus combination will quadruple the share count and mechanically lower the per-share price, improving affordability and liquidity for retail investors. No real change in company value is created, but the move often lifts short-term sentiment. Pending shareholder approval is the key risk to execution.