Acquisitions14 Dec 2024, 12:08 am
Nazara Technologies Acquires Trinity Gaming for Rs. 24.00 Crores
AI Summary
Nazara Technologies Limited has informed the Exchange about the acquisition of Trinity Gaming India Private Limited. The acquisition was made by Nodwin Gaming Private Limited, a material subsidiary of the Company, for an aggregate consideration of Rs. 24.00 Crores. The consideration was discharged in cash and equity shares of Nodwin. This acquisition makes Trinity a wholly owned subsidiary of Nodwin and a step-down subsidiary of the Company.
Key Highlights
- Nazara Technologies Limited acquires Trinity Gaming India Private Limited for Rs. 24.00 Crores
- The acquisition was made by Nodwin Gaming Private Limited, a material subsidiary of the Company
- The consideration was discharged in cash and equity shares of Nodwin
- Trinity Gaming is now a wholly owned subsidiary of Nodwin and a step-down subsidiary of Nazara Technologies Limited