iWorld
Balaji may formalise RIL stake purchase at 16 Aug EGM
MUMBAI: Balaji Telefilms, in a communique to the BSE and the National Stock Exchange, intimated about its extraordinary general meeting to be held on 16 August at “The Club”, 197, Juhu Versova Link Road, Opp. D. N. Nagar Police Station, Andheri (W), Mumbai- 400 053, Maharashtra. The cut-off date for determining the shareholders eligible for e-voting is 9 August, 2017..
The meeting proposes to conduct special business. Increase in authorised share capital: To consider and, if thought fit, to pass, with or without modification, the following resolution as Ordinary Resolution: “Resolved that, in accordance with Sections 4, 13 and 61 and other applicable provisions, if any, of the Companies Act, 2013 and rules made thereunder, and applicable provisions of the Articles of Association of the Company and any other applicable law or laws, rules and regulations (including any amendments thereto or re-enactment thereof for the time being in force), the authorised share capital of the Company be and is hereby increased from Rs. 260 million divided into 100 million equity shares of Rs. 2 each and 30 million Preference Shares of Rs. 2 each to Rs. 360 million divided into 150 million Equity Shares of Rs. 2 each and Rs. 60 million divided into 30 million Preference Shares of Rs. 2 each.
Issue of 25.2 million equity shares on a preferential allotment / private placement basis: To consider and if thought fit, to pass, with or without modification, the resolution as a Special Resolution: Balaji is seeking consent of the members of the company to create, issue, offer and allot 2,52,00,000 equity shares of the Company of the face value of Rs. 2/- each (“Equity Shares”) at a price of Rs. 164/- which includes a premium of Rs. 162/- per Equity Share aggregating to Rs. 4.13 billion to Reliance Industries Limited in accordance with ICDR Regulations.
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Gaming
Nodwin Gaming partners with Runestone for esports data and integrity solutions
South Asian esports leader joins forces with Czech tech firm to enhance tournament operations.
MUMBAI: Nodwin Gaming has just levelled up its game by bringing in a specialist to keep the scoreboard honest and the fans fully engaged. The leading South Asian esports and gaming company has announced a strategic partnership with Runestone, a Prague-headquartered esports technology firm specialising in real-time data and engagement solutions for tournament organisers and publishers.
The collaboration aims to strengthen competitive integrity, improve operational oversight, and deliver more interactive viewing experiences across Nodwin’s properties. It will initially focus on the Nodwin Clutch Series for Counter-Strike 2, a Tier 2 tournament that provides emerging teams with consistent competitive opportunities and helps build the talent pipeline.
The latest edition of the series recently concluded with Big defeating ECSTATIC 2–1 in the grand final of the $50,000 online event.
Nodwin Gaming chief business officer at MENA and global head of data monetization Teemu Koski said, “Integrity and transparency are fundamental to sustainable esports ecosystems, especially in Tier 2 competition where the next generation of talent emerges. Runestone’s expertise complements our experience in building scalable esports IPs.”
Runestone head of partnerships Michael Schwartz added, “Nodwin Gaming has built one of the most dynamic esports ecosystems across emerging markets. We’re thrilled to collaborate on supporting tournaments with greater transparency, deeper fan interaction, and scalable tools.”
Both companies are exploring opportunities to extend the partnership across additional titles, including mobile-first competitive ecosystems, and to develop new products for publishers, tournament operators, and event promoters.
In the rapidly growing world of esports, where fair play and fan excitement are equally crucial, Nodwin Gaming and Runestone are teaming up to ensure every match is not only competitive but also transparent and engaging. This alliance could well become a game-changer for Tier 2 tournaments across South Asia and beyond.
