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Nazara Technologies Extends Timeline for AFK Gaming Acquisition

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Nazara Technologies Extends Timeline for AFK Gaming Acquisition

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An update from Nazara Technologies Ltd. ( (IN:NAZARA) ) is now available.

Nazara Technologies Ltd. has announced an extension in the timeline for the acquisition of a 92.30% stake in AFK Gaming Private Limited by its subsidiary, Nodwin Gaming Private Limited. This acquisition, valued at INR 7.58 Crores, is now set to be completed by April 27, 2025, and is expected to enhance Nazara’s position in the gaming industry by expanding its portfolio and market reach.

More about Nazara Technologies Ltd.

Nazara Technologies Ltd. is a prominent player in the gaming and digital entertainment industry, with a focus on markets in India, the Middle East, Africa, and Europe. The company offers a wide range of gaming products and services, leveraging its expertise to cater to diverse audiences across these regions.

YTD Price Performance: -7.14%

Average Trading Volume: 19,150

Current Market Cap: 81.74B INR

See more insights into NAZARA stock on TipRanks’ Stock Analysis page.

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