Nazara Technologies Appoints Arun Agrawal as CFO

Nazara Technologies Limited announced the appointment of Mr. Arun Agrawal as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective October 16, 2026. This follows the resignation of Mr. Rakesh Shah from the same position, effective October 15, 2026. The Board of Directors also approved several other management changes, including the re-designation of Mr. Mithun Padam Sacheti to Executive Director, the noted resignation of Mr. Rohit Sharma as Whole-time Director, and the re-designation of Mr. Nitish Mittersain from Managing Director to Founder and Non-Executive Director. Additionally, the company approved the allotment of 2,38,81,711 equity shares at an issue price of ₹306 per share on a preferential basis.