Nazara Technologies Limited (NSEI:NAZARA) agreed to acquire 10.77% stake in Kofluence Tech Private Limited from group of sellers for approximately INR 360 million on January 17, 2024. Nazara Technologies acquiring 0.013,875 million shares of Kofluence Tech Private Limited by issuing 0.371,637 million shares of Nazara Technologies to the existing shareholders.The transaction is subject to approval of the shareholders of the Company, and such other regulatory/ statutory approvals as may be required.

Nazara Technologies Limited (NSEI:NAZARA) completed the acquisition of 10.77% stake in Kofluence Tech Private Limited from group of sellers for approximately INR 310 million on March 13, 2024.