SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Nazara Technologies’ arm gets nod to acquire 100% stake in Superhero Brands

13 Jan 2022 Evaluate

Nazara Technologies’ material subsidiary-- Nodwin Gaming has received an approval for the acquisition of 27,987 equity shares of Rs 10 each of Superhero Brands from existing shareholders (Sellers), in one or more tranches, aggregating to 100% equity stake of Superhero Brands, on such terms and conditions, as mutually agreed in the Share Purchase Agreement proposed to be entered between the Sellers and the Company, for a consideration of Rs 4.90 crore. With this, Superhero Brand shall become the wholly owned subsidiary of Nodwin and subsidiary of Nazara.

On acquisition Superhero become wholly owned subsidiary of Nodwin and this will give Nodwin an entry in D2C business catering to gaming fans across the country by increasing its offerings with licensed merchandise. The Board of Directors of the company at their meeting held on January 12, 2022, has approved the acquisition of the same.

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

273.80 12.85 (4.92%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×