Nazara Technologies infused ₹734.35 crore into its UK subsidiary on October 29 to fund the acquisition of Bluetile Games and Bestplay Systems. The Mumbai-based firm paid this second tranche to complete the deal. While shares fell over 1.50% on Friday to ₹398, the stock rose 51% over six months.
Nazara Technologies shares will be in focus on Monday, after the company announced that it has infused $77 million, or approximately ₹734.35 crore, into its wholly owned UK subsidiary, Nazara Technologies UK.
In an exchange filing, the Mumbai-based company said that it has paid the second tranche of its acquisition of Spanish gaming companies Bluetile Games and Bestplay Systems.
The company infused $77 million, or about ₹734.35 crore, into its wholly owned UK subsidiary, Nazara Technologies UK, on October 29 through a subscription to equity shares. The infusion is subject to compliance with applicable laws.
The following day, Nazara UK paid the same amount in cash to the sellers as the second tranche. The total consideration payable is $303.02 million, or about ₹2,990 crore.
The balance will be paid in the manner set out in the Amended and Restated Share Purchase Agreement. The company said it will provide an update in due course.
Bluetile and Bestplay remain wholly owned subsidiaries of Nazara UK and step-down subsidiaries of Nazara Technologies.
The filing was made under Regulation 30 of the Listing Regulations and follows the company’s earlier disclosures on the deal dated March 18, June 16, August 3 and August 6, 2026.
The shares of the company closed in red on Friday, falling over 1.50% as the trade came to a close for the week. The shares fell below the mark of ₹400 per share.
However, the company's shares have seen a major rise of over 51% over the past 6 months. The stock price now stands at ₹398 per share.