StockWatch
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Digital Entertainment
AGM/EGM8 Aug 2026, 08:00 pm

Nazara Technologies to hold EGM on Aug 30 for share capital increase

AI Summary

Nazara Technologies Limited has announced an Extraordinary General Meeting (EGM) scheduled for August 30, 2026, to be held via Video Conference. The primary agenda items include increasing the company's authorized share capital from ₹80 crore to ₹90 crore, which involves creating an additional 5 crore equity shares of ₹2 face value each. This increase will lead to a consequential amendment of Clause V of the Memorandum of Association. Additionally, the EGM will seek approval for the issuance of equity shares on a preferential basis, in compliance with SEBI ICDR Regulations and other applicable laws. The notice for the EGM, along with explanatory statements, is being sent electronically to all registered members.

Key Highlights

  • EGM scheduled for August 30, 2026, to discuss key corporate actions.
  • Proposal to increase authorized share capital by ₹10 crore.
  • Seeking approval for preferential issuance of equity shares.
  • Meeting to be conducted via Video Conference/OAVM.
  • Amendments to Memorandum of Association are on the agenda.