Nazara Technologies Limited informs the Exchange regarding Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Investment in Getstan Technologies Pte. Ltd. by Nazara Technologies FZ LLC, a wholly owned subsidiary of the Company.
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Nazara Technologies, through its Dubai-based wholly owned subsidiary, is investing up to USD 1 million (~INR 8.66 Crores) in Singapore-based Getstan Technologies Pte. Ltd. (STAN), a leading gaming community platform in India. The investment is through subscription to 37,461 Compulsorily Convertible Preference Shares, representing 1.54% of STAN's share capital on a fully diluted basis. Post-investment, Nazara Dubai's total holding in STAN will rise to 14.57% from its existing stake. The deal is a cash transaction funded from internal reserves, requires no regulatory approvals, and is expected to close within 30 days. STAN's turnover grew to USD 7.87 million in FY25 from USD 1.71 million in FY24, though it remains loss-making at the EBITDA level.
This is a small, strategic follow-on investment that strengthens Nazara's footprint in the gaming and creator economy space, aligning with its community-driven gaming ecosystem vision. Given the modest size of the investment (~INR 8.66 Crores), the direct impact on Nazara's financials is negligible, but it signals continued portfolio expansion in its core gaming segment.