Nazara Technologies Limited informs the exchange regarding the Srutinizer's Report and Voting Results of Extraordinary General Meeting held on August 13, 2025.
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Nazara Technologies held an Extraordinary General Meeting on August 13, 2025, where shareholders voted on a special resolution to approve the de-subsidiarisation of Nodwin Gaming Private Limited, a material subsidiary of the company. The resolution was passed with overwhelming support: 268 members voted in favour with 5.47 crore shares (99.74%), while only 12 members voted against with 1.45 lakh shares (0.26%). Promoters and promoter group voted 100% in favour with 3.20 crore shares, public institutions supported it at 99.21%, and public non-institutions at nearly 99.996%. There were no invalid votes. The EGM was conducted via video conferencing and scrutinised by CS Mannish L. Ghia.
The de-subsidiarisation of Nodwin Gaming has been formally approved by shareholders, clearing the way for this corporate restructuring move. With near-unanimous support including full promoter backing, this signals management's clear intent to restructure the Nodwin Gaming relationship, which may affect how this asset is reported in Nazara's consolidated financials going forward.