Nazara Technologies' board plans to increase authorised capital from ₹50 crore to ₹80 crore. This involves 1:2 stock split (₹4 to ₹2 face value) and 1:1 bonus share issue from reserves, expected by October 10, 2025. Madhusudan Kela holds a 1.18% stake (10,96,305 shares). Rekha Jhunjhunwala will not benefit, having sold her entire 7.06% stake between March and June 2025.