Details of Transactions

Agreement I

  • Parties: Sportskeeda Inc. (Lender) and Nazara Technologies UK Limited (Borrower)
  • Execution Date: July 29, 2026
  • Loan Amount: Aggregate amount not exceeding USD 517,000 (United States Dollar Five Hundred Seventeen Thousand), equivalent to approximately INR 5.00 Crores
  • Disbursement: To be made in one or more tranches
  • Purpose: Business and general corporate purposes, working capital requirement
  • Nature: Unsecured loan
  • Security: None provided to lender
  • Outstanding Balance: USD 1,34,49,190 as of disclosure date

Agreement II

  • Parties: Kiddopia Inc. (Lender) and Nazara Technologies UK Limited (Borrower)
  • Execution Date: July 29, 2026
  • Loan Amount: Aggregate amount not exceeding USD 12,30,000 (United States Dollar One Million Two Hundred Thirty Thousand), equivalent to approximately INR 11.74 Crores
  • Disbursement: To be made in one or more tranches
  • Purpose: Business and general corporate purposes, working capital requirement
  • Nature: Unsecured loan
  • Security: None provided to lender
  • Outstanding Balance: USD 2,30,89,307 as of disclosure date

Corporate Relationships

  • Nazara Technologies UK Limited is a wholly-owned subsidiary of Nazara Technologies Limited
  • Sportskeeda Inc. is a wholly-owned subsidiary of Absolute Sports Private Limited, which is a wholly-owned subsidiary of Nazara Technologies Limited
  • Kiddopia Inc. is a wholly-owned subsidiary of Paper Boat Apps Private Limited, which is a wholly-owned subsidiary of Nazara Technologies Limited
  • The Company (Nazara Technologies Limited) is not a direct party to either agreement

Regulatory Classification

Both transactions fall under the purview of Related Party Transactions as per the provisions of the Listing Regulations. However, they are exempted under Regulation 23(5)(c) of the Listing Regulations as they are transactions between two wholly-owned subsidiaries of the Company.

Additional Information

  • The promoter/promoter group/group companies of the Company do not have any interest in these transactions
  • Both transactions are stated to be on an arm's length basis
  • No special rights, board nomination rights, or capital structure restrictions are associated with these loan agreements
  • The transactions are subject to compliance with applicable laws

Filing Details

  • Filed with BSE Limited and National Stock Exchange of India Limited
  • Signed by Arun Shiva Bhandari, Company Secretary and Compliance Officer
  • Digital signature timestamp: July 30, 2026, 20:42:25 +05:30