Nazara Technologies Approves Financial Results, Investments, and Appointments

Nazara Technologies Limited announced key decisions from its Board of Directors meeting held on August 3, 2026. The company approved its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, along with the limited review report. Significant approvals include granting in-principle approval for revised commercial terms for the acquisition of Bluetile Games and Bestplay Systems, an investment of up to ₹9.9 Crores in its subsidiary Funky Monkeys Play Center Private Limited, and an unsecured loan of up to ₹24 Crores to its wholly-owned subsidiary Smaaash Entertainment Private Limited. Additionally, the Board approved the appointment of Mr. Con Anthony Conlon as an Independent Director and Mr. Raymond Albaladejo Stauffer as Chief Executive Officer, effective September 1, 2026. Mr. Nitish Mittersain resigned as CEO but will continue as Managing Director.