Mitter Infotech, a promoter of gaming and sports media firm Nazara Technologies, has sold 48.84 lakh shares on Monday in a block deal of the stock exchange, representing 6.38 per cent stake to Plutus Wealth Management.
Diversified gaming and sports media platform Nazara Technologies Limited posted a 21 per cent growth in consolidated net profits (profit after tax) in 2022-23 at Rs 61.4 crore.
Listed mobile gaming company Nazara Technologies on Wednesday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc have been given unrestricted access to the entire amount of Rs 64 crore that was held at failed Silicon Valley Bank.
Listed mobile gaming company Nazara Technologies on Sunday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc hold cash balances worth Rs 64 crore at Silicon Valley Bank, which is currently under crisis.
The company said its revenues went up 104 per cent to Rs 2,638 in the reviewed quarter, against Rs 1,296 crore in the corresponding quarter the previous year, according to a statement shared with stock exchanges.
New Delhi [India] June 7 (ANI/Mediawire): Growing younger population, higher disposable income, inexpensive internet data, the introduction of new gaming genres, and increasing number of smartphone and tablet users are some of the reasons for the boom in the sector.
New Delhi/Mumbai (Maharashtra) [India], April 9 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Nazara Technologies Limited (Nazara/Company) and its promoters, Vikash Mittersain, Nitish Mittersain and Mitter Infotech LLP, on its recently concluded Initial Public Offer (IPO).