Date: August 13, 2026

Board Meeting Outcomes

Not Specified

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Financial Results (Standalone & Consolidated)

Not Specified

Auditor’s Report

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Loan Agreement Between Subsidiaries

Paper Boat Apps Private Limited ("Paper Boat"), a wholly-owned subsidiary of Nazara Technologies Limited, has entered into a Loan Agreement with Kiddopia Inc. ("Kiddopia"), its wholly-owned subsidiary, on August 13, 2026.

Key Terms of the Agreement

  • Lender: Paper Boat Apps Private Limited
  • Borrower: Kiddopia Inc.
  • Nature of Loan: Unsecured Loan
  • Total Loan Amount: Aggregate amount not exceeding ₹7.50 Crores (Rupees Seven Crores Fifty Lakhs), equivalent to approximately USD 800,000
  • Disbursement: To be made in one or more tranches
  • Purpose: For business and general corporate purposes, working capital requirements, etc., subject to compliance with applicable laws
  • Date of Execution: August 13, 2026
  • Security Provided: Nil
  • Loan Outstanding as on Disclosure Date: Not Applicable (₹82.00 appears to be a placeholder or error in the original document)

Corporate Structure and Relationship

  • Nazara Technologies Limited holds a 100% stake in Paper Boat Apps Private Limited.
  • Paper Boat Apps Private Limited holds a 100% stake in Kiddopia Inc.
  • Nazara Technologies Limited is not a direct party to this agreement.

Regulatory Classification and Compliance

  • The transaction falls under the purview of Related Party Transactions as per SEBI Listing Regulations.
  • However, it is exempt from approval requirements under Regulation 23(5)(c) of the Listing Regulations as it is a transaction between two wholly-owned subsidiaries of the Company.
  • The promoter/promoter group/group companies of Nazara Technologies Limited do not have any interest in this transaction.
  • The transaction is stated to be conducted on an arm's length basis.

Significant Terms

  • The agreement does not include any special rights such as the right to appoint directors, first right to share subscription, or right to restrict changes in capital structure.
  • No shares are being issued as part of this transaction.