BSECompany Update30 Jul 2026 · 30 Jul 2026, 08:43 pm
Nazara Technologies Limited informs the Exchange regarding Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.
Nazara Technologies Ltd · 543280
✦ AI SummaryRelated Party
Nazara Technologies Ltd has informed the exchange about two loan agreements entered into by its wholly-owned subsidiaries with another wholly-owned subsidiary for an aggregate amount of USD 5.17 lakhs and USD 12.30 lakhs respectively.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Nazara Technologies Ltd - 543280 - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
Attachments (1)
📄pdf
Download →
01133db6-6cae-49e4-9877-26be21f5e56e.pdf
View document text
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]