NSEUpdates6d ago · 13 Aug 2026, 09:41 pm
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Nazara Technologies Limited · NAZARA
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Nazara Technologies Limited has informed the exchange about a loan agreement between its wholly-owned subsidiary Paper Boat Apps Private Limited and its another wholly-owned subsidiary Kiddopia Inc. for an unsecured loan of up to ₹ 7.50 Crores.
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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_13082026214014_Intimationofloan.pdf
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August 13, 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, Paper Boat
Apps Private Limited, (“Paper Boat”) a wholly-owned subsidiary of the Company has entered into a Loan
Agreement with Kiddopia Inc. (“Kiddopia”), a wholly-owned subsidiary of Paper Boat, on August 13, 2026, for
granting an unsecured loan of an aggregate amount not exceeding ₹ 7.50 Crores (Rupees Seven Crores Fifty
Lakhs) [equivalent to ~ USD 8,00,000], in one or more tranches. The loan is being extended 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
1. Name(s) of parties with whom the agreement is The Loan Agreement has been entered into between Paper Boat Apps
entered Private Limited (“Paper Boat/Lender”), a wholly-owned subsidiary
of the Company and Kiddopia Inc. (“Kiddopia/Borrower”), a
wholly-owned subsidiary of Paper Boat.
2. Purpose of entering into the agreement Paper Boat has entered into the said Agreement with Kiddopia to
grant a loan of an aggregate amount not exceeding ₹ 7.50 Crores
(equivalent to ~ USD 8,00,000), in one or more tranches The loan is
being extended for business and general corporate purposes, working
capital requirement etc., subject to compliance with the applicable
laws.
3. Size of agreement Aggregate amount not exceeding ₹ 7.50 Crores (equivalent to ~ USD
8,00,000)
4. Shareholding, if any, in the entity with whom the The Company is not a party to the Agreement.
agreement is executed
However, the Company holds 100% stake in Paper Boat and Paper
Boat holds 100% stake in Kiddopia.
5. Significant terms of the agreement (in brief) Not applicable.
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.
6. a.) Whether, the said parties are related to Paper Boat is a wholly-owned subsidiary of the Company and Paper
promoter/promoter group/ group companies in any Boat holds 100% stake in Kiddopia, hence the aforesaid transaction
manner. If yes, nature of relationship falls under the purview of Related Party Transactions as per the
provisions of the Listing Regulations.
b.) Whether the transaction would fall within
related party transactions? If yes, whether the same Also, the transaction is between two wholly-owned subsidiaries of
is done at “arm’s length the Company. Therefore, it is exempted under Regulation 23(5)(c)
of the Listing Regulations.
Further, the promoter / promoter group / group companies of the
Company do not have any interest in the said transaction.
The said transaction is at 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: Paper Boat Apps Private Limited.
lender/borrower, nature of the loan, total amount
of loan granted/taken, total amount outstanding, Borrower: Kiddopia Inc.
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 ₹ 7.50 Crores
a party become material on a cumulative basis (equivalent to ~ USD 8,00,000), in one or more tranches, subject to
compliance with the applicable laws.
Date of execution of Loan Agreement: August 13, 2026
Details of security provided to lender: Nil
Amount of loan outstanding as on date of disclosure: ₹ 82.00
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.