Nazara Technologies Rewards Shareholders With Stock Split & Bonus Issue, Record Date Set; How To Set Up Trade?

In an aim to enhance liquidity and reward shareholders, the diverse Indian gaming and sports media company Nazara Technologies has announced the record date for its upcoming corporate actions, which include a stock split and bonus shares. These significant corporate moves were announced by Nazara Technologies Limited after receiving postal vote approval from shareholders.

Nazara Technologies Stock Split & Bonus Shares

"With reference to the above and further to our disclosure dated August 12, 2025 and dated September 15, 2025, we wish to inform you that the shareholders of Nazara Technologies Limited ("the Company"), by way of postal ballot through remote e-voting, on September 15, 2025, have inter alia approved the following: a) Sub-division of 1 (one) equity share of face value of Rs. 4/- (Rupees Four) each, fully paid-up, into 2 (two) equity shares of face value of Rs. 2/- (Rupees Two) each, fully paid-up; and b) Issue of bonus equity shares in the ratio of 1:1 i.e., 1 (One) bonus equity share of face value Rs.2/- (Rupees Two) each for every 1 (One) equity share of face value Rs. 2/- (Rupees Two) each, fully paid up," said Nazara Technologies in a stock exchange filing today.

Nazara Technologies Stock Split & Bonus Shares Key Dates

"Pursuant to Regulation 42 of the Listing Regulations, we wish to inform you that the Board of Directors of the Company has fixed Friday, September 26, 2025 as the 'Record Date' for the purpose of determining the shareholders eligible for the sub-division of existing equity shares and issuance of bonus equity shares of the Company. Further, in accordance with SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment of bonus equity shares shall be Monday, September 29, 2025," Nazara Technologies further informed stock exchanges on Tuesday.

Nazara Technologies Target Price 1

Hardik Matalia - Derivative Analyst at Choice Broking said, "NAZARA is currently trading at ₹1095.30, after witnessing a steep decline of nearly 30% from its recent peak levels. The stock has been attempting to take support but has repeatedly failed to hold its recovery, facing consistent rejection from the ₹1180 zone, indicating persistent selling pressure."

"On the technical front, the stock is trading below all its key moving averages, reflecting a prevailing bearish trend. The RSI stands at 29.42, hovering near the oversold territory, which suggests that while some short-term bounce cannot be ruled out, overall sentiment remains weak. On the downside, if the stock breaches below the ₹1050 mark, it could trigger further selling pressure and extend its decline towards lower support zones," the analyst added.

"Conversely, on the upside, the ₹1180-₹1200 zone has emerged as a strong resistance cluster, and unless the stock decisively surpasses and sustains above this level, the trend is likely to remain under "sell on rise" pressure. Given the current setup, short-term traders should avoid initiating fresh long positions and wait for a clear reversal signal or a breakout above the ₹1200 mark before considering buying opportunities," Hardik Matalia stated.

"Long-term investors should also wait for clarity on trend stabilization and can consider only partial accumulation on deeper dips with a staggered approach. As long as the stock trades below ₹1200, the near-term outlook remains cautious to negative, with heightened risk of further downside if ₹1050 is breached," Hardik Matalia further recommended.

Nazara Technologies Share Price Target 2

"Nazara is consolidating after a sharp move and holds a positive bias above Rs 1,070 support. A sustained move above Rs 1,120 could trigger a rally towards Rs 1,160-1,180. RSI shows improving momentum, favoring a buy-on-dips strategy," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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