Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Nazara Gets Shareholders’ Nod for Stock Split and Bonus Issue
India’s gaming and sports media company Nazara Technologies received shareholder approval for a one-for-one stock split and issuing a 1:1 bonus share. This capital reorganization aims to increase liquidity and broaden shareholding by making the stock more accessible to retail investors. The company expects the move to enhance marketability, improve trading volumes, and attract diverse institutional and retail participation. The decision comes amidst growing public and institutional interest in Indian gaming and digital entertainment sectors.