Nazara Technologies’ board has approved an investment of up to INR 15 Crores into Rusk Media Private Limited via Pre Series C Compulsorily Convertible Preference Shares. Additionally, the board greenlit a USD 500,000 investment in nCore Games, Inc. through Nazara Technologies FZ LLC. Both investments are subject to compliance with applicable laws and approvals.
Strategic Investments Approved
The Board of Directors at Nazara Technologies Limited has given its in-principle approval for two key investments aimed at strengthening its market presence and expanding its portfolio in the gaming and media sectors. The decisions were made during a board meeting held on February 3, 2026.
Rusk Media Investment
The board has approved an infusion of primary funds, not exceeding INR 15 Crores, into Rusk Media Private Limited (“RMPL”). This investment will be executed through a subscription to Pre Series C Compulsorily Convertible Preference Shares (“Pre Series C CCPS”), ensuring compliance with all applicable statutory requirements and necessary approvals. This investment is poised to bolster Rusk Media’s growth trajectory.
nCore Games Investment
Nazara Technologies is also set to invest in nCore Games, Inc. (“nCore”), a Delaware corporation, through its wholly-owned subsidiary, Nazara Technologies FZ LLC. The approved investment amount is USD 500,000 and will be structured as a Convertible Promissory Note. This move aligns with Nazara’s strategy of supporting and expanding its footprint in the gaming ecosystem.
Financial Performance: Q3 2026
The Unaudited Financial Results (Consolidated and Standalone) of the Company for Q3 2026 reflect a consolidated total income of ₹417.31 million. The Unaudited Consolidated Profit after tax attributable to equity shareholders stood at ₹98.4 million.
Source: BSE
