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Stock slumps 22 per cent in two days as investors react to Online Gaming Bill; company clarifies no direct RMG exposure.
Nazara Technologies anticipates a potential write-off of its ₹800 crore PokerBaazi investment if the proposed online gaming ...
Nazara Tech shares fall after Parliament passes bill to ban online money games. Company claims no direct RMG exposure.
Shares of Nazara Tech slumped over 21% in two sessions and were headed for their steepest two-day fall on Thursday, after India’s lower house of parliament passed a bill banning online games involving ...
Nazara Technologies's $122 million investment in PokerBaazi stands to be written down or provisioned for now, CEO Nitish ...
Nazara Technologies holds approximately 48% stake in PokerBaazi (Moonshine Technologies), with an investment of ₹805 crore ...
The digital entertainment company recently clarified media reports concerning the proposed Promotion and Regulation of Online Gaming Bill, 2025, stating that it does not expect any material adverse ...
Rekha Jhunjhunwala portfolio stock: Nazara Tech share price crashes 11%, falling 22% in 2 days. More pain ahead?
Nazara clarified that real-money gaming contributed nothing to its reported revenues or Ebitda in Q1 FY26 but accepted its only indirect exposure is through a 46.07% stake in Moonshine Technology, whi ...
Nikhil Kamath, via Kamath Associates and NKsquared, owned 3.51 per cent stake in the online gaming platform, while Madhu Kela held 1.18 per cent in Nazara. Khandelwal held 68,92,420 shares or 7.44 per ...
Shares of Nazara Technologies sharply dropped despite having no direct exposure to real money gaming. The decline follows the ...
Nazara Tech has no direct exposure to real money gaming but holds a 46.07 per cent stake in Moonshine Technologies, the parent of PokerBaazi ...
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