Nazara funds ₹734 crore second acquisition tranche
after close1 source ↓machine-written, see hownot a recommendation
- NAZARA close
- ₹398.80
- On the day
- -1.63%
- 52-week high
- ₹419.90
- 52-week low
- ₹215.70
Nazara Technologies announced a ₹734.35 crore infusion into its wholly owned UK subsidiary on 29 Oct 2026, funding the second tranche of its acquisition of Spanish gaming companies Bluetile Games and Bestplay Systems. The amount, equivalent to $77 million, was subscribed through equity shares in Nazara Technologies UK. On 30 Oct, the UK subsidiary paid the same amount in cash to the sellers. The ₹734 crore infusion brings the transaction closer to completion, while the total consideration payable stands at ₹2,990 crore. 🎮
The acquisition expands Nazara’s international gaming portfolio and increases the capital committed to its overseas subsidiary. The filing said the infusion remains subject to compliance with applicable laws. The balance consideration will be paid according to the Amended and Restated Share Purchase Agreement, with the company stating that it will provide an update in due course. The disclosure is therefore important for investors tracking funding requirements, cash deployment and the timeline for closing the transaction. 💼
OI Charts data showed the shares closed at ₹398.80 on 30 Oct 2026, down 1.6% on the day, with volume at 590,567 shares. The stock was almost unchanged over five sessions but remained up 5% over 20 sessions. Its 52-week range stood at ₹215.70, recorded on 23 Mar 2026, to ₹419.90 on 16 Oct 2026. The close was therefore near the upper end of its yearly range, despite the latest daily decline. 📉
Investors will watch for the company’s next filing on the balance payment, compliance status and completion of the acquisition. Updates on the operating performance of Bluetile Games and Bestplay Systems, along with any further funding requirement from the UK arm, will shape the market’s assessment of the transaction’s financial impact. The stock’s reaction should also be read against its recent trend: a 5% 20-session gain followed a flat five-session performance and the 1.6% single-day fall.
Source: CNBC TV18, 31 Oct 2026
Not investment advice. For informational purposes only.