Nazara Technologies Limited informs the Exchange regarding 'Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Update on acquisition of equity shares of Moonshine Technology Private Limited'.
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Nazara Technologies has informed the stock exchange about an update on its acquisition of equity shares in Moonshine Technology Private Limited, filed under Regulation 30 of SEBI's LODR Regulations, 2015. The filing signals that the deal process is moving forward and the company is keeping the exchange informed as required by disclosure rules. Specific financial terms, deal value, or stake percentage are not mentioned in the headline. The acquisition aligns with Nazara's broader inorganic growth strategy in the gaming and technology space.
Confirms continued progress on Nazara's acquisition pipeline, which could expand its product or service portfolio. Shareholders should monitor for further disclosures on deal size, valuation, and completion timeline, as these will shape near-term sentiment.