Nazara Technologies shareholders approve capital changes, executive appointments
On September 15, 2025, Nazara Technologies Limited announced that its shareholders approved seven resolutions via remote e-voting postal ballot. These approvals included an increase in authorized share capital, a sub-division/split of equity shares, and the issuance of bonus shares, all with high shareholder consensus. For instance, the resolution to increase authorized share capital saw 99.95% of votes in favor.
Shareholders also approved the appointments of Mr. Rohit Sharma as a director (99.89% in favor) and as a whole-time director for a five-year term (99.76% in favor). Remuneration for Mr. Vikash Mittersain, chairman & managing director, and Mr. Nitish Mittersain, joint managing director & chief executive officer, for their remaining terms, also received substantial approval with 99.70% and 99.71% of votes in favor, respectively.
The voting results underscore strong shareholder support for the company's strategic initiatives and leadership team. The overall voting participation across all resolutions averaged over 60% of outstanding shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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