Bonus+Stock Split: Shares of Nazara Technologies Ltd rose nearly 1 per cent on Thursday, August 7, after the company said its board will consider a stock
split and bonus issue in its upcoming meeting on August 12, 2025.
The stock closed at Rs 1,386.30, up Rs 12.60 or 0.92 per cent on the BSE. During the session, it touched an intraday high of Rs 1,402.00 and a low of Rs 1,366.10. The previous close was Rs 1,373.70. The stock is currently trading close to its 52-week high of Rs 1,436.00, while the 52-week low stands at Rs 835.30.
At the current price, the company commands a market capitalisation of Rs 12,839 crore.
Nazara Technologies Bonus Issue, Stock Split
The company informed that its board of directors would meet on August 12 to consider the sub-division (stock split) of existing equity shares having a face value of Rs 4 each, along with a bonus share issuance to its shareholders. The detailed terms and ratio for both actions are expected to be disclosed after the meeting.
In an exchange filing, Nazara Technologies said, “The Meeting of the Board of Directors is scheduled to be held on Tuesday, August 12, 2025, to consider, inter-alia:
Approval of the Un-audited Financial Results for the quarter ended June 30, 2025.
Subject to shareholder and other approvals:
i) Sub-division/split of equity shares of face value of Rs 4 each
ii) Issuance of bonus shares.”
Strong Q4 performance
For the quarter ended March 31, 2025, Nazara reported a net profit of Rs 4 crore, a sharp jump from Rs 0.18 crore in the same quarter last year. Operating revenue rose 95 per cent YoY to Rs 520.2 crore, despite a rise in overall costs.
Total expenses during the quarter increased by 85 per cent YoY to Rs 527.7 crore, driven by a sharp rise in advertising and promotional costs, which rose more than threefold to Rs 151.03 crore. Employee benefit expenses also rose significantly by 80.7 per cent to Rs 79.9 crore.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
