Nazara Technologies Acquires 5.23 Percent Stake in Rusk Media for ₹27.15 Crore

Key Highlights

  • Nazara Technologies invested ₹27.15 crore in Rusk Media through Series A CCPS.
  • 4,276 Series A compulsorily convertible preference shares were acquired in cash.
  • The acquisition represents 5.23 percent stake on a fully diluted basis.
  • Nazara’s total holding in Rusk Media increased to 7.18 percent.
  • Transaction was completed on January 30 2026.

Nazara Technologies Limited has completed the acquisition of Series A compulsorily convertible preference shares in Rusk Media Private Limited, further strengthening its strategic presence in the digital content and gaming ecosystem.

The company paid a total cash consideration of ₹27.15 crore to acquire 4,276 Series A compulsorily convertible preference shares with a face value of ₹10 each. The transaction represents a 5.23 percent equity stake in Rusk Media on a fully diluted basis.

Following the completion of the acquisition, Nazara Technologies’ overall shareholding in Rusk Media increased to 7.18 percent. The investment was executed under a share purchase agreement signed in November 2025 with Nodwin Gaming Private Limited, an associate entity of Nazara.

The transaction was completed on January 30, 2026

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