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Nazara Technologies’ arm acquire 35% stake in Brandscale Innovations

25 Apr 2022 Evaluate

Nazara Technologies’ material subsidiary -- Nodwin Gaming (Nodwin) has completed acquisition of 35% equity stake, on fully diluted basis, of Brandscale Innovations (Brandscale Innovations) by way of subscription of 567 equity shares having a face value of Rs 100 each for a total consideration of Rs 10.01 crore on April 22, 2022.

Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.

Peers
Company Name CMP
TCS 2108.35
Infosys 1019.50
HCL Technologies 1200.00
Wipro 162.20
Tech Mahindra 1538.40
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