Nazara Technologies Limited informs the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015'.
NAZARA · price
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Nazara Technologies informed the stock exchanges about two internal loan agreements signed on July 23, 2025, between its wholly-owned subsidiaries. Under Agreement I, Paper Boat Apps will lend up to USD 1.4 million (~INR 12 crores) to Kiddopia Inc. Under Agreement II, Kiddopia Inc. will lend up to GBP 1 million (~INR 12 crores) to Nazara Technologies UK. Both loans are unsecured, interest-bearing, and intended to fund business purposes of fellow subsidiaries. The transactions are between wholly-owned subsidiaries, classified as related party transactions but exempted under Regulation 23(5)(c), and are done at arm's length with no promoter interest. Outstanding inter-corporate loans as of the disclosure date stand at INR 70 crores and GBP 1.54 crores respectively.
This is a routine internal fund reallocation within Nazara's wholly-owned subsidiary chain and is unlikely to materially affect the stock price. Investors may note that the company continues to deploy capital into its international subsidiaries, particularly the Kiddopia and UK operations, signalling ongoing investment in its gaming businesses.