Nodwin Gaming Pvt Ltd completes acquisition of Gaming business and live IPs from OML

Nodwin Gaming Private Limited ("Nodwin") i.e Material subsidiary of Nazara, has completed the acquisition of Gaming business and live IPs from OML Entertainment Private Limited ("OML") and paid cash consideration of Rs. 73,00,00,000/- (Rupees Seventy Three Crores only) on September 30, 2021, as per the terms of the "Agreement to sell" dated September 17, 2021 which was executed between the Nodwin, OML and Mr. Ajay Nair, Managing Director of OML.

Shares of Nazara Technologies Limited was last trading in BSE at Rs. 2292.35 as compared to the previous close of Rs. 2290.65. The total number of shares traded during the day was 45406 in over 6012 trades.

The stock hit an intraday high of Rs. 2414.6 and intraday low of 2271.2. The net turnover during the day was Rs. 106205627.

Source : Equity Bulls

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