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Nazara Technologies Ltd. ( (IN:NAZARA) ) has provided an announcement.
Nazara Technologies’ board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, accompanied by an unmodified auditor opinion. The board also named MAKK & Co. as internal auditors for FY 2026-27 and decided to withdraw a proposed amalgamation of its wholly owned subsidiary Paper Boat Apps due to a change in restructuring plans.
In a broader governance reshuffle, the company appointed Mithun Padam Sacheti as a non-executive, non-independent additional director and Muraarie Rajan as an independent director for a five-year term, both subject to shareholder approval. Founder Vikash Mittersain will move from chairman and managing director to non-executive founding chairman, while Nitish Mittersain will become managing director and CEO, signaling a transition toward more institutionalized leadership with continued founder oversight.
More about Nazara Technologies Ltd.
Nazara Technologies Limited is an Indian gaming and interactive entertainment company that operates a diversified portfolio across mobile gaming, esports and gamified learning. Listed on both BSE and NSE, the company positions itself as an institutionalized global gaming platform with a focus on scaling digital entertainment offerings for domestic and international markets.
Average Trading Volume: 142,074
Technical Sentiment Signal: Buy
Current Market Cap: 99.38B INR
For detailed information about NAZARA stock, go to TipRanks’ Stock Analysis page.