Nazara Technologies has acquired 1,601 equity shares of Rs 10 each in Rusk Media and paid the consideration of Rs 2.01 crore to the respective sellers for the same. Post acquisition of aforesaid equity shares, the company is now holding 5.54% of the issued and paid up share capital in Rusk Media.
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.
