NSEUpdates30 Jul 2026 · 30 Jul 2026, 08:43 pm

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Nazara Technologies Limited · NAZARA

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Nazara Technologies Limited has entered into two loan agreements with its wholly-owned subsidiaries, Sportskeeda Inc. and Kiddopia Inc., to grant unsecured loans for business and general corporate purposes.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Nazara Technologies Limited informs the Exchange regarding Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.

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NAZARA_30072026204300_Intimationofloan.pdf

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July 30, 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, Pursuant to Regulation 30 read with Schedule III of Listing Regulations, we hereby inform you that 1. Sportskeeda Inc., a wholly-owned subsidiary of Absolute Sports Private Limited (“Absolute”), a wholly- owned subsidiary of the Company has entered into a Loan Agreement (“Agreement I”) with Nazara Technologies UK Limited (“Nazara UK”), a wholly-owned subsidiary of the Company, on July 29, 2026, to grant an unsecured loan for an aggregate amount not exceeding USD 5,17,000 (United States Dollar Five Hundred Seventeen Thousand) [equivalent to ~INR 5.00 Crores], in one or more tranches, for business and general corporate purposes, working capital requirement etc., subject to compliance with the applicable laws. 2. Kiddopia Inc., a wholly-owned subsidiary of Paper Boat Apps Private Limited (“Paper Boat”) a wholly- owned subsidiary of the Company has entered into a Loan Agreement (“Agreement II”) with Nazara Technologies UK Limited (“Nazara UK”), a wholly-owned subsidiary of the Company, on July 29, 2026, to grant an unsecured loan for an aggregate amount not exceeding USD 12,30,000 (United States Dollar One Million Two Hundred Thirty Thousand) [equivalent to ~INR 11.74 Crores], in one or more tranches, for business and general corporate purposes, working capital requirement etc., subject to compliance with the 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, is 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 Details Agreement I Agreement II 1. Name(s) of parties with The Loan Agreement (“Agreement I”) has The Loan Agreement (“Agreement II”) has whom the agreement is been entered into between Sportskeeda Inc., been entered into between Kiddopia Inc., entered (“Sportskeeda /Lender”), a wholly-owned (“Kiddopia/Lender”), a wholly-owned subsidiary of Absolute and Nazara subsidiary of Paper Boat and Nazara Technologies UK Limited, (“Nazara Technologies UK Limited, (“Nazara UK/Borrower”), a wholly-owned subsidiary UK/Borrower”), a wholly-owned of the Company. subsidiary of the Company. 2. Purpose of entering into the Sportskeeda has entered into the said Kiddopia has entered into the said agreement Agreement with Nazara UK to grant a loan Agreement with Nazara UK to grant a loan for an aggregate amount not exceeding USD for an aggregate amount not exceeding 5,17,000 (equivalent to ~INR 5.00 Crores), in USD 12,30,000 (equivalent to ~INR 11.74 one or more tranches, for business and Crores), in one or more tranches, for general corporate purposes, working capital business and general corporate purposes, requirement etc., subject to compliance with working capital requirement etc., subject to the applicable laws. compliance with the applicable laws. 3. Size of agreement Aggregate amount not exceeding USD Aggregate amount not exceeding USD 5,17,000 (equivalent to ~INR 5.00 Crores) 12,30,000 (equivalent to ~INR 11.74 Crores) 4. Shareholding, if any, in the The Company is not a party to the The Company is not a party to the entity with whom the Agreement. Agreement. agreement is executed However, the Company holds 100% stake in However, the Company holds 100% stake Nazara UK and Absolute holds 100% stake in in Nazara UK and Paper Boat holds 100% Sportskeeda. stake in Kiddopia. 5. Significant terms of the Not applicable. Not applicable. agreement (in brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc. Sr. Particulars Details Details Agreement I Agreement II 6. a.) Whether, the said Nazara UK is a wholly-owned subsidiary of Nazara UK is a wholly-owned subsidiary of parties are related to the Company and Sportskeeda is the wholly the Company and Kiddopia is the wholly promoter/promoter group/ owned subsidiary of Absolute Sports Private owned subsidiary of Paper Boat Apps group companies in any Limited, a wholly-owned subsidiary of the Private Limited, a wholly-owned subsidiary manner. If yes, nature of Company, hence the aforesaid transaction of the Company, hence the aforesaid relationship falls under the purview of Related Party transaction falls under the purview of Transactions as per the provisions of the Related Party Transactions as per the b.) Whether the transaction Listing Regulations. provisions of the Listing Regulations. would fall within related party transactions? If yes, Also, the transaction is between two wholly- Also, the transaction is between two whether the same is done at owned subsidiaries of the Company. wholly-owned subsidiaries of the “arm’s length Therefore, it is exempted under Regulation Company. Therefore, it is exempted under 23(5)(c) of the Listing Regulations. Regulation 23(5)(c) of the Listing Regulations. Further, the promoter / promoter group / group companies of the Company do not have Further, the promoter / promoter group / any interest in the said transaction. group companies of the Company do not have any interest in the said transaction. The said transaction is on arm’s length basis. The said transaction is on arm’s length basis. 7. In case of issuance of Not Applicable. Not Applicable. shares to the parties, details of issue price, class of shares issued 8. In case of loan agreements, Lender: Sportskeeda Inc. Lender: Kiddopia Inc. details of lender/borrower, nature of the loan, total Borrower: Nazara Technologies UK Limited Borrower: Nazara Technologies UK amount of loan Limited granted/taken, total amount Nature of Loan: Unsecured Loan outstanding, date of Nature of Loan: Unsecured Loan execution of the loan Total amount of loan: Aggregate amount not agreement/sanction letter, exceeding USD 5,17,000 (equivalent to ~INR Total amount of loan: Aggregate amount not details of the security 5.00 Crores), in one or more tranches, subject exceeding USD 12,30,000 (equivalent to provided to the lenders / by to compliance with the applicable laws. ~INR 11.74 Crores), in one or more the borrowers for such loan tranches, subject to compliance with the or in case outstanding loans Date of execution of Loan Agreement: July applicable laws. lent to a party or borrowed 29, 2026 from a party become Date of execution of Loan Agreement: July material on a cumulative 29, 2026 basis Details of security provided to lender: Nil Details of security provided to lender: Nil Amount of loan outstanding as on date of disclosure: USD 1,34,49,190 Amount of loan outstanding as on date of disclosure: USD 2,30,89,307 Sr. Particulars Details Details Agreement I Agreement II 9. Any other disclosures Not Applicable. Not Applicable. related to such agreements, 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 Not Applicable. Not Applicable. amendment of agreement, lis [Showing first 8,000 characters — download PDF for full document]