Nazara Tech Board Approves Financials, Acquisition Terms, and Investments

Nazara Technologies Limited's Board of Directors met on August 3, 2026, approving the unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The board also granted in-principle approval for revised commercial terms for the acquisition of Bluetile Games and Bestplay Systems, with Nazara UK proceeding under an Amended SPA. Further investments include up to ₹9.9 Crores in subsidiary Funky Monkeys Play Center and an unsecured loan of up to ₹24 Crores to Smaaash Entertainment. Additionally, Mr. Con Anthony Conlon was appointed as an Additional Independent Director, and Mr. Raymond Albaladejo Stauffer will take over as CEO from September 1, 2026, with Mr. Nitish Mittersain stepping down from the CEO role while continuing as Managing Director.