Nazara Technologies has acquired 2,330 equity shares of Rs 10 each in OpenPlay Technologies and paid the consideration of Rs 43.43 crore to its existing shareholders i.e. Sreeram Reddy Vanga and Unnati Management Consultants LLP for the same. With this, the acquisition of equity shares under first closing of the Acquisition Agreement is completed and the company now holds 23.30% of the issued and paid up share capital in OpenPlay.
Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition to and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.
| Company Name | CMP |
|---|---|
| TCS | 2574.30 |
| Infosys | 1309.40 |
| HCL Tech. | 1425.75 |
| Wipro | 202.25 |
| Tech Mahindra | 1500.00 |
| View more.. | |
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