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Nazara Technologies completes acquisition of stake in OpenPlay Technologies

26 Nov 2021 Evaluate

Nazara Technologies has acquired 7,670 equity shares of Rs 10 each of OpenPlay Technologies and has paid the consideration by way of issue and allotment of 6,48,125 equity shares of Rs 4 each of the Company to Unnati Management Consultants.

With this, the acquisition of equity shares of OpenPlay as per the acquisition agreement is completed and the Company now holds 100% of the issued and paid up share capital of OpenPlay. Accordingly, OpenPlay has become the wholly owned subsidiary of the Company with effective from November 24, 2021.

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.

Nazara Technologies Share Price

304.05 0.40 (0.13%)
10-Jul-2026 16:59 View Price Chart
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