Nazara Technologies Limited withdraws Scheme of Amalgamation with Paper Boat Apps
Nazara Technologies · Entertainment
Key highlights
- Board decided on May 12, 2026, to voluntarily withdraw the Scheme due to change in restructuring plans; Scheme filed with NCLT Mumbai on Jan 24, 2025, with appointed date revised to April 1, 2025
- Scheme aimed to merge wholly owned subsidiary Paper Boat Apps Private Limited into Nazara to enhance operational efficiency; pending approval at NCLT as of disclosure date
- No monetary or operational impact expected from withdrawal; formal proceedings to withdraw Scheme at NCLT to be initiated
Original filing
Board Meeting Outcome for Dated May 12, 2026
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More from Nazara Technologies
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- Acquisition / mergerNotableNazara Technologies Q1 FY27 Earnings Call and Management Q&A Summary
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.