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Nazara Technologies Ltd. ( (IN:NAZARA) ) has issued an update.
Nazara Technologies Ltd. has announced that its subsidiaries Kiddopia Inc., Sportskeeda Inc., and Nazara Technologies (Mauritius) have entered into loan agreements with Nazara Technologies UK Limited, a wholly-owned subsidiary. These agreements involve granting unsecured loans totaling approximately INR 17.73 Crores for various business purposes, including working capital, acquisitions, and expansion plans. This strategic move is expected to enhance the company’s operational capabilities and support its growth initiatives across different regions.
More about Nazara Technologies Ltd.
Nazara Technologies Ltd. operates in the digital gaming and sports media industry, offering a range of products and services across India, the Middle East, Africa, and Europe. The company focuses on interactive gaming and sports content, leveraging its subsidiaries to expand its market presence.
Average Trading Volume: 116,318
Technical Sentiment Signal: Buy
Current Market Cap: 103.3B INR
See more data about NAZARA stock on TipRanks’ Stock Analysis page.