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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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Nazara Technologies Ltd. ( (IN:NAZARA) ) just unveiled an update.

Nazara Technologies Limited has announced an extension in the timeline for the acquisition of 92.30% equity share capital of AFK Gaming Private Limited by its material subsidiary, Nodwin Gaming Private Limited. The acquisition, initially agreed upon in December 2024, is now set to be completed by May 11, 2025, for a total consideration of INR 7.58 Crores. This acquisition is expected to strengthen Nazara’s position in the e-sports industry, enhancing its market presence and operational capabilities.

More about Nazara Technologies Ltd.

Nazara Technologies Limited is a diversified gaming and sports media company with a presence in India, the Middle East, Africa, and Europe. The company primarily focuses on interactive gaming, e-sports, and gamified early learning ecosystems, catering to a broad audience across these regions.

YTD Price Performance: -1.05%

Average Trading Volume: 13,181

Current Market Cap: 87.55B INR

For a thorough assessment of NAZARA stock, go to TipRanks’ Stock Analysis page.

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