Updates

September 21, 2026 Listing Compliance Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1. G Block, Dalal Street, Bandra -Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai - 400051. Scrip Code: 543280 Scrip Symbol: NAZARA Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”) Dear Sir/Madam, This is further to our disclosures dated March 30, 2026 and August 3, 2026, and in compliance with Regulation 30 read with Schedule III of Listing Regulations, we hereby inform you that the Company has entered into a Loan Agreement with Smaaash Entertainment Private Limited (“Smaaash”), a wholly-owned subsidiary of the Company, today i.e., on September 21, 2026, for granting an unsecured loan of an aggregate amount not exceeding ₹28.00 Crores (Rupees Twenty Eight Crores), in one or more tranches. The loan is being extended to Smaaash for its general business purposes, including working capital, capital expenditure and acquisition of capital assets, subject to compliance with applicable laws. The details in this regard, pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure A. You are requested to take the above on record. Thanking you, Yours faithfully, For Nazara Technologies Limited Arun Bhandari Company Secretary and Compliance Officer Encl.: As above Annexure A The details as required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) read with the SEBI Master Circular No. SEBI/HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026, are as under: Sr. Particulars Details 1. Name(s) of parties with whom the agreement is The Loan Agreement (“Agreement”) has been entered into between entered the Nazara Technologies Limited (“Nazara/ the Company/ Lender”) and Smaaash Entertainment Private Limited (“Smaaash/Borrower”), a wholly-owned subsidiary of the Company. 2. Purpose of entering into the agreement The Company has entered into the said Agreement with Smaaash to grant an unsecured loan for an amount not exceeding ₹28.00 Crores in one or more tranches. The loan is being extended to Smaaash for its general business purposes, including working capital, capital expenditure and acquisition of capital assets, subject to compliance with applicable laws. 3. Size of agreement Aggregate amount not exceeding ₹28.00 Crores. 4. Shareholding, if any, in the entity with whom the Smaaash is a wholly-owned subsidiary of the Company agreement is executed 5. Significant terms of the agreement (in brief) Subject to receipt of all requisite approvals, the Lender may, at its special rights like right to appoint directors, first discretion, convert all or any part of the Loan into such number of right to share subscription in case of issuance of Equity Shares as it may determine, by issuing written notice to the shares, right to restrict any change in capital Borrower. structure etc. 6. a.) Whether, the said parties are related to Smaaash, being a wholly-owned subsidiary of the Company is a promoter/promoter group/ group companies in any related party of the Company. manner. If yes, nature of relationship Furthermore, as the transaction is between a holding company and b.) Whether the transaction would fall within its wholly-owned subsidiary, it is exempt from the provisions related party transactions? If yes, whether the same applicable to related party transactions under Listing Regulations. is done at “arm’s length The promoter / promoter group / group companies of the Company do not have any interest in the said transaction. The said transaction is on arm’s length basis. 7. In case of issuance of shares to the parties, details Not Applicable. of issue price, class of shares issued Sr. Particulars Details 8. In case of loan agreements, details of Lender: Nazara Technologies Limited. lender/borrower, nature of the loan, total amount of loan granted/taken, total amount outstanding, Borrower: Smaaash Entertainment Private Limited. date of execution of the loan agreement/sanction letter, details of the security provided to the lenders Nature of Loan: Unsecured Loan / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from Total amount of loan: Aggregate amount not exceeding ₹28.00 a party become material on a cumulative basis Crores, in one or more tranches, subject to compliance with the applicable laws. Date of execution of Loan Agreement: September 21, 2026 Details of security provided to lender: Nil Amount of loan outstanding as on date of disclosure: ₹116.00 Crores 9. Any other disclosures related to such agreements, Not Applicable. viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements 10. In case of termination or amendment of agreement, Not Applicable. listed entity shall disclose additional details to the stock exchange(s): a) name of parties to the agreement; b.) nature of the agreement; c.) date of execution of the agreement; d.) details of amendment and impact thereof or reasons of termination and impact thereof.