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Nazara’s ₹800 crore PokerBaazi bet at risk of being written off
Nazara Technologies has said that its over ₹800 crore investment in PokerBaazi could face a potential write-off if the ...
Nazara Technologies's $122 million investment in PokerBaazi stands to be written down or provisioned for now, CEO Nitish ...
Stock slumps 22 per cent in two days as investors react to Online Gaming Bill; company clarifies 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 ...
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 ...
Nazara Technologies Ltd.’s investment in PokerBaazi stands to be written down or provisioned for now, Chief Executive Officer Nitish Mittersain said ...
On Nazara Tech share price plunged another 9.70% intraday, hitting Rs. 1,103.15 on the NSE under heavy selling pressure. This follows a 12% decline on Wednesday, wiping out significant market ...
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 ...
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 ...
Nazara Technologies holds approximately 48% stake in PokerBaazi (Moonshine Technologies), with an investment of ₹805 crore ...
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 ...
Shares of Nazara Technologies sharply dropped despite having no direct exposure to real money gaming. The decline follows the ...
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