Madhusudan Kela’s portfolio stock: Board announces record date for 1:1 bonus share & 1:2 stock split

DSIJ Intelligence-1 / 17 Sep 2025/ Categories: Bonus and Spilt Shares, Mindshare, Trending

Madhusudan Kela’s portfolio stock: Board announces record date for 1:1 bonus share & 1:2 stock split

Additionally, an ace investor, Madhusudan Kela, holds 10,96,305 shares and a 1.18 per cent stake in the company.

Nazara Technologies Ltd.'s Board of Directors has outlined a strategic plan involving an increase in its authorised share capital from Rs 50 crore to Rs 80 crore, which will require an amendment to its Memorandum of Association. The company also intends to undertake a stock split. This subdivision will convert each existing equity share with a face value of Rs 4 into two equity shares with a face value of Rs 2 each. This move is designed to make the company's shares more accessible to a broader range of investors, potentially increasing market liquidity.

Following the stock split, Nazara Technologies will issue bonus shares in a 1:1 ratio, meaning one new bonus share for every one existing share. These bonus shares will be funded from the company's securities premium account and capital redemption reserve as of March 31, 2025. The company has designated Friday, September 26, 2025, as the Record Date to determine the shareholders eligible for both the stock split and the subsequent bonus share issue. This two-part action is a significant corporate event aimed at rewarding existing shareholders and potentially attracting new ones.

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About the Company

Nazara Technologies Ltd is a prominent Indian gaming and sports media platform with a global presence, offering interactive gaming, esports and gamified early learning. They own popular IPs like WCC, CarromClash, Kiddopia, Nodwin, Sportskeeda, Halaplay and Qunami and were early pioneers in Indian esports and cricket simulation. Their diversified portfolio spans emerging and developed markets like Africa and North America.

Nazara Technologies Ltd has a market cap of over Rs 10,000 crore and has delivered a good profit growth of 97.1 per cent CAGR over the last 5 years. The stock is up by 34.5 per cent from its 52-week low of Rs 835.30 per share. Additionally, an ace investor, Madhusudan Kela, holds 10,96,305 shares and a 1.18 per cent stake in the company.

Disclaimer: The article is for informational purposes only and not investment advice.