Nazara Technologies Appoints New CEO, Approves Financials

Nazara Technologies Limited announced key management and strategic decisions during its Board meeting on August 3, 2026. The company approved its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. Significant approvals include revised commercial terms for the acquisition of Bluetile Games and Bestplay Systems, an investment of up to INR 9.9 Crores in Funky Monkeys Play Center Private Limited, and an unsecured loan of up to INR 24 Crores to Smaaash Entertainment Private Limited. Additionally, Mr. Raymond Albaladejo Stauffer is appointed as the new Chief Executive Officer effective September 1, 2026, with Mr. Nitish Mittersain stepping down from the CEO role while continuing as Managing Director. Mr. Con Anthony Conlon was also appointed as an Additional Independent Director.