loading
loading
Nazara Tech invests ₹734 crore into UK arm for acquisition of Bluetile & Bestplay - Edited byJuviraj Anchil - Published OnOct 31, 2026 | 11:34 IST - Last Updated OnOct 31, 2026 | 11:41 IST Nazara Technologies infused 77 million dollars into its UK subsidiary to fund the acquisition of Spanish gaming firms Bluetile Games and Bestplay Systems. 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.
document fetched 2026-11-01 02:57 · canonical https://cnbctv18.com/market/nazara-tech-share-price-invests-rs-734-crore-into-uk-arm-for-acquisition-of-bluetile-bestplay-20023939.htm