Nazara Technologies

Nazara Technologies, a leading Indian gaming and sports media company, has announced that its subsidiaries have collectively provided a loan of Rs. 18 crore to its United Kingdom-based step-down subsidiary. The financial infusion underscores the company’s strategic intent to strengthen its global footprint and support operational expansion in international markets. By channeling resources into its UK arm, Nazara aims to scale its overseas business, diversify revenue streams, and fortify its position in the competitive gaming and digital entertainment industry.

Nazara Technologies, a leading player in India’s interactive gaming and sports media space, has seen its stake in subsidiary Nodwin Gaming fall below the majority threshold of 50%. The development follows a series of fundraising initiatives and equity dilutions by Nodwin, reflecting the company’s broader push to attract strategic investments and accelerate global expansion. While Nazara remains a key stakeholder, the shift indicates a recalibration in its control structure.

In a significant portfolio reshuffle, Rekha Jhunjhunwala, acting as executor of the estate of the late Rakesh Jhunjhunwala, has completely divested the family's holding in gaming and esports company Nazara Technologies. The stake, comprising over 44 lakh shares or approximately 5.07% of the company, was sold through open market transactions between June 9 and June 13, 2025. The divestment, valued at approximately Rs. 770 crore, marks a fourfold return on the initial Rs. 180 crore investment made by the late billionaire investor in 2017–18.

Rekha Jhunjhunwala, the executor of late Rakesh Jhunjhunwala’s estate, has reduced the estate’s stake in gaming and esports company Nazara Technologies by nearly half, from 7.05% to 3.66%. The offloading occurred over two tranches between June 2 and June 10, 2025, with a combined sale of approximately 30 lakh shares through open market transactions. While the specific sale prices were undisclosed, Nazara Technologies’ stock traded modestly higher at Rs. 1,273.50 on the BSE.