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Nazara Technologies Ltd clarifies on GST impact on its business

Nazara Technologies Ltd clarifies on GST impact on its business
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Nazara Tech says 28% GST applies only to skill-based real money gaming segment; revenue share at 5 2%

Nazara Technologies said it remains committed to its growth agenda and will continue to pursue organic and inorganic opportunities across various segments in which it operates.

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28% GST rate on online gaming impact: Why Nazara Tech shares fall is limited while Delta Corp stock drop nearly 30%?

The 28% GST rate on online gaming stocks caused a bearish reaction, with Nazara Technologies and Delta Corp shares falling rapidly. Nazara expects minimal impact as the tax, while Delta Corp has not commented on the impact on its business.

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Nazara Says 28% GST On Online Gaming To Have Minimal Impact On Its Revenue

Shares of Nazara Technologies slumped as much as 14% during the early trading on the BSE on Wednesday (July 12)

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Nazara Technologies to raise funds upto INR 750 crore through Qualified Institutional Placements

Gaming company Nazara Technologies Limited’s Board of Directors on July 10, 2023, approved the raising of funds up to INR 750 crores.

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