Nazara Technologies Limited, a leading Indian gaming and entertainment company, has announced the incorporation of a new step-down subsidiary, Nodwin Gaming USA Inc., in the State of Delaware, United States. The development, disclosed in a filing with the BSE and NSE under Regulation 30 of the SEBI Listing Regulations, marks a significant step in the company’s global expansion strategy. The subsidiary was incorporated by NODWIN Gaming International Pte Ltd, a Singapore-based wholly owned subsidiary of Nodwin Gaming Private Limited, which is a material subsidiary of Nazara Technologies.
Nodwin Gaming USA Inc. has been established with an authorized share capital of USD 100, comprising 10 million shares priced at USD 0.00001 each. The entire share capital has been subscribed by Nodwin Gaming Singapore for a cash consideration of USD 90, securing 100% ownership. As a newly incorporated entity, Nodwin Gaming USA is yet to commence operations and has no turnover to report. The company aims to leverage this entity to operate and expand its presence in the rapidly growing E-sports market in the United States.
The incorporation does not fall under related party transactions, and Nazara Technologies has clarified that its promoters, promoter group, or group companies have no interest in the transaction. Nodwin Gaming USA will focus on the E-sports industry, aligning with Nazara’s broader vision of strengthening its position in the global gaming and entertainment ecosystem. The move is seen as a strategic effort to tap into the lucrative U.S. market, which is a hub for E-sports innovation and engagement.
According to the details provided in the regulatory filing, no governmental or regulatory approvals were required for this incorporation, and the process does not involve a traditional acquisition timeline as it pertains to the establishment of a new entity. Nodwin Gaming USA was officially incorporated on March 24, 2025, and is poised to become a key player in Nazara’s international operations, focusing on running and expanding E-sports initiatives across the United States.
This development underscores Nazara Technologies’ commitment to scaling its subsidiaries’ operations globally, particularly in high-growth markets like the U.S. With its headquarters in Mumbai and a presence across India, the Middle East, Africa, and Europe, Nazara continues to diversify its portfolio. The company’s stock is listed on the BSE under scrip code 543280 and on the NSE under the symbol NAZARA, reflecting its prominence in the Indian gaming sector.