Nazara Technologies will convert up to ₹129.35 Crore of outstanding inter-corporate loans into equity shares of its wholly-owned subsidiary, Smaaash Entertainment, to strengthen its capital base.
Nazara Technologies will convert ₹294.40 Crore of outstanding debt into equity in its wholly-owned subsidiary, Nazara Technologies UK, to strengthen the subsidiary's capital base.
Nazara Technologies acquired an additional 4.10% stake in its subsidiary, Funky Monkeys Play Centre, for an aggregate cash consideration of ₹1.90 Crore.
