Nazara Technologies Limited informs the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (RODR) Regulations, 2015 - Update on Investment in Getstan Technologies Pte. Ltd. by Nazara Technologies FZ LLC, a wholly owned subsidiary of the Company.
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Nazara Technologies' wholly owned Dubai-based subsidiary, Nazara Technologies FZ LLC, has invested an additional USD 1 million (~INR 8.66 crores) in Singapore-based Getstan Technologies Pte. Ltd. (STAN). The subscription, done via 37,461 Compulsorily Convertible Preference Shares (CCPS), adds 1.54% to Nazara Dubai's stake in STAN on a fully diluted basis. With this allotment, Nazara Dubai's total shareholding in STAN rises to 14.57% on a fully diluted basis. The investment is part of a Share Subscription Agreement signed on June 28, 2025, and is an update to a prior intimation of the same date. This marks a continued strategic investment by Nazara in STAN, a Singapore-based private technology company.
This is a minor incremental investment (about 1.54% additional stake) by a subsidiary, not a material change for Nazara's overall business or financials. Shareholders should view it as a continued strategic bet on STAN, with limited immediate impact on the stock price.