Nazara Technologies Update on acquisition by Nodwin Gaming Private Limited

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Nodwin Gaming Private Limited (“Nodwin”), a material subsidiary of Nazara Technologies Limited, has announced the completion of acquisition of 35% equity stake, on fully diluted basis, of Brandscale Innovations Private Limited (“Brandscale Innovations”) by way of subscription of 567 equity shares having a face value of ₹ 100/- each for a total consideration of Rs. 10,01,60,550/- (Ten Crore One Lac Sixty Thousand Five Hundred Fifty) on April 22, 2022.