Nazara Technologies Limited has informed the Exchange that the Board of Directors at its meeting held on August 12, 2025, has considered and approved subdivision of 92616256 equity shares of Rs. 4 each into 185232512 equity shares of Rs. 2 each.
NAZARA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nazara Technologies' Board, meeting on August 12, 2025, approved splitting each equity share of face value Rs. 4 into two shares of Rs. 2 each, taking the count from 9.26 crore to 18.52 crore shares. It also approved a 1:1 bonus issue (one bonus share for every share held) post-split, effectively quadrupling the original share count to about 37.05 crore. Authorized capital was raised from Rs. 50 crore to Rs. 80 crore to accommodate these actions, with shareholder approval sought via postal ballot. For Q1 FY26, consolidated revenue nearly doubled to Rs. 49,877 lakhs (vs Rs. 25,008 lakhs a year ago), driven by gaming and ad-tech segments, but profit after tax fell to Rs. 1,492 lakhs from Rs. 2,362 lakhs, with EPS at Rs. 1.69 versus Rs. 3.62. The Board also appointed Mr. Rohit Sharma as Executive Director (5-year term) and noted the resignation of non-executive director Mr. Rajiv Agarwal.
Stock split plus 1:1 bonus makes shares more affordable and boosts liquidity, but does not change the company's market value. Near-term profit decline despite revenue growth, plus a large contingent GST liability on group entities (over Rs. 11.87 lakh crore in show-cause notices, currently stayed by courts), remain key concerns for shareholders.