Nazara Technologies Limited informs the Exchange regarding Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Update on Investment by Wholly-Owned Subsidiary of the Company .
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Nazara Technologies' wholly-owned subsidiary, Nazara FZ LLC, has invested USD 500,000 (~INR 4.76 Crores) in nCore Games, Inc., a Delaware corporation, through a Convertible Promissory Note. The investment, made on May 29, 2026, will be in one or more tranches and is expected to complete within 90 days. nCore operates as a mobile gaming studio focused on India-first multiplayer and IP-driven experiences, with its key product being the FAU-G franchise (FAU-G: Domination) which Nazara already publishes. nCore reported FY26 revenue of USD 0.06 Million. The transaction is not a related party transaction and requires no regulatory approvals.
This minority strategic investment strengthens Nazara's gaming IP portfolio through the FAU-G franchise and provides downside protection via convertible note terms. Given the small investment size (~INR 4.76 Crores), the direct impact on Nazara's financials is minimal but signals continued expansion of its India gaming focus.