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    NAZARA — Nazara Technologies News Story

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    Brief: Nazara Technologies Updates On GST Announcement Related To Online Gaming

    Picture of Nazara Technologies logoNazara Technologies
    12/07/2023 03:43
    July 12 (Reuters) - Nazara Technologies Ltd  NAZA.NS :
    * UPDATE ON GST ANNOUNCEMENT RELATED TO ONLINE GAMING
    * CLARIFY THAT THIS TAX, ONCE IMPLEMENTED, WILL APPLY ONLY
TO
SKILL-BASED REAL MONEY GAMING SEGMENT OF OUR BUSINESS
    * CONTRIBUTION OF THIS SEGMENT TO OUR OVERALL CONSOLIDATED
REVENUES FOR FINANCIAL YEAR FY23 WAS 5.2%
    * COMPANY WILL PROACTIVELY TAKE STEPS TO MITIGATE ANY
POTENTIAL
IMPACT TO THIS SEGMENT OF OUR BUSINESS
    * ANTICIPATE MINIMAL IMPACT TO OUR OVERALL REVENUES

Source text for Eikon:  ID:nBSE4906Jh 
Further company coverage:  NAZA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))

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