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Nazara Offloads Entire 72% Stake In Sports Unity

Summary by Inc42 Media

Listed gaming major Nazara has divested its entire 71.54% stake in Sports Unity, the company behind the multi-player quiz game ‘Qunami’, for INR 7.15 Lakh. Nazara had purchased a controlling stake in Delhi NCR-based mobile game developer Sports Unity Private Limited (SUPL) for INR 7.5 Cr in 2019. In an exchange filing, Nazara stated that it entered into a share purchase agreement with its subsidiary Sports Unity and Shyamal Mehta for the sale an…

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Nazara Offloads Entire 72% Stake In Sports Unity

Listed gaming major Nazara has divested its entire 71.54% stake in Sports Unity, the company behind the multi-player quiz game ‘Qunami’, for INR 7.15 Lakh. Nazara had purchased a controlling stake in Delhi NCR-based mobile game developer Sports Unity Private Limited (SUPL) for INR 7.5 Cr in 2019. In an exchange filing, Nazara stated that it entered into a share purchase agreement with its subsidiary Sports Unity and Shyamal Mehta for the sale an…

3 days ago

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Inc42 Media broke the news in 3 days ago on Wednesday, March 26, 2025.

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