Nazara Technologies plans capital restructuring and director appointments

Nazara Technologies Limited's board approved a postal ballot for several key proposals including increasing authorized share capital from INR 50 crore to INR 80 crore.

The company plans a stock split subdividing each INR 4 equity share into two INR 2 shares, plus a 1:1 bonus issue of INR 2 equity shares.

The ballot includes appointing Rohit Sharma as whole-time director for five years with an annual salary of INR 99 lakh. E-voting runs from August 17 to September 15, 2025.