Acquisitions19 Nov 2024, 03:15 am
Nazara Technologies Extends Acquisition Timeline of Absolute Sports Private Shares
AI Summary
Nazara Technologies Limited has informed the stock exchange about the extension of the acquisition timeline of 41,173 equity shares of INR 1/- each of Absolute Sports Private Limited. This acquisition represents 19.35% of the equity share capital on a fully diluted basis. The extension is due to procedural requirements and is set to last for an additional 30 days, ending on December 17, 2024.
Key Highlights
- Nazara Technologies is extending the acquisition timeline of Absolute Sports Private shares.
- The extension is due to procedural requirements.
- The acquisition represents 19.35% of Absolute's equity share capital on a fully diluted basis.
- The new timeline will last for an additional 30 days, ending on December 17, 2024.