Bonus, Stock Split Alert: Gaming company to consider both proposals on August 12

Nazara Technologies Ltd.’s shares cooled off from the highs of the day after it informed the exchanges with regards to a bonus and stock split proposal that it plans to consider for its shareholders.The gaming company’s board will meet on Tuesday, August 12, to consider both the proposals for shareholders.

Nazara Technologies’ shares currently have a face value of ₹4 each. The board will also be considering results for the June quarter on August 12.

While this will be the first stock split that Nazara will be carrying out after listing, this will be the second instance of the company issuing bonus shares for its shareholders.Back in June 2022, Nazara Technologies had announced a 1:1 bonus issue for its shareholders, which meant that shareholders received one bonus share for every one share that they held as on the record date.

Record date for either of the current proposals has not ben disclosed yet.

Companies generally carry out a stock split to make it easier for shareholders to buy or sell their shares, as it increases the liquidity in the stock. A stock split divides a company’s stock into more shares, lowering the price and increasing the number of shares available to trade.

Shares of Nazara Technologies are currently trading 1.2% higher, having cooled off from the day’s high, at ₹1,386.4. The stock has risen 38% so far in 2025.