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Listed gaming major Nazara Technologies has received approval from the National Company Law Tribunal (NCLT) for its resolution plan to buy insolvency-ridden sports entertainment startup Smaaash Entertainment.
In an exchange filing, Nazara said, “We wish to inform you that the resolution plan submitted by the company for acquisition of Smaaash Entertainment Private Limited has been approved by the National Company Law Tribunal, Mumbai, by an order pronounced on May 07, subject to a modification…
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Listed gaming major Nazara Technologies has received approval from the National Company Law Tribunal (NCLT) for its resolution plan to buy insolvency-ridden sports entertainment startup Smaaash Entertainment.
In an exchange filing, Nazara said, “We wish to inform you that the resolution plan submitted by the company for acquisition of Smaaash Entertainment Private Limited has been approved by the National Company Law Tribunal, Mumbai, by an order pronounced on May 07, subject to a modification…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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