Nazara Technologies Limited announced that its board approved a preferential allotment of up to 2,39,70,676 equity shares at Rs 306 per share, totaling Rs 7,33,50,26,856, to a group of investors including Mr. Raymond Albaladejo Stauffer, who has been appointed as Chief Executive Officer effective September 1, 2026, subject to shareholder approval. The company also plans to increase its authorized share capital from Rs 80,00,00,000 to Rs 90,00,00,000 and will convene an Extraordinary General Meeting on August 30, 2026, to seek shareholder approval for these actions.