Technologies Limited informs the Exchange regarding 'Intimation
As filed · Nazara Technologies Limited informs the Exchange regarding 'Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Update on acquisition of equity shares of Absolute Sports Private Limi
What happened
FactNazara Technologies Limited informs the Exchange regarding 'Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Update on acquisition of equity shares of Absolute Sports Private Limited, a material subsidiary of the Company'. Regulations”) – Update on acquisition of equity shares of Absolute Sports Private Limited, a material. inform you that the Company has acquired 18,330 equity shares of INR 1/- each, representing 8.97%.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnMy stated vision is Nodwin wants to be a $1 billion revenue company in the next five to seven years.
Nazara is expected to operate at a materially greater scale from Q2FY27.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- Nazara is expected to operate at a materially greater scale from Q2FY27. (management committed by Q2 FY27)
- Subject to closing, the businesses are expected to be consolidated into Nazara’s financial results from Q2FY27 (management committed by Q2 FY27)
Evidence
- Nazara Technologies Limited informs the Exchange regarding 'Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Update on acquisition of equity shares of Absolute Sports Private Limited, a material subsidiary of the Company'.(opens the original filing in a new tab)
- Earlier statement · Q2 FY26
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%