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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Growth Catalyst2/10
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_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.