Nazara pays Rs 27.15 crore to raise Rusk Media stake to 7.18%

New Delhi: Nazara Technologies has completed a Rs 27.15 crore acquisition of an additional stake in Rusk Media. 

It has also separately approved a primary capital infusion of up to Rs 15 crore into the company. 

The moves indicate a two-part approach to increasing its exposure to the Gen-Z and Gen-A-focused entertainment platform.

In an exchange filing dated January 30, Nazara stated that it has made a full cash payment of Rs 27,14,91,792 for 4,276 Series A compulsorily convertible preference shares of Rusk Media, representing 5.23% of the company’s share capital on a fully diluted basis. The filing said Nazara’s holding will rise to 7.18% following this acquisition.

Separately, in its Q3FY26 communication, the company said its board has approved a primary capital infusion of up to Rs 15 crore into Rusk Media, alongside an investment in nCore Games, as part of its broader capital allocation into the Indian gaming ecosystem.

Nazara’s January 30 filing said the acquisition was executed under a share purchase agreement dated November 12, 2025, between the company and Nodwin Gaming, an associate of Nazara.