Nazara Technologies Ltd

Nazara Technologies Limited has increased its shareholding in its subsidiary, Funky Monkeys Play Centre Private Limited, to 64.00%. This follows an investment of ₹8,00,00,000/- for the primary subscription of 1,87,586 equity shares, representing 4.00% of Funky Monkeys' equity share capital. The company's disclosure is in compliance with SEBI (LODR) Regulations, 2015, and is an update to its previous disclosure dated August 03, 2026.

Nazara Technologies Limited announced that its wholly-owned subsidiary, Paper Boat Apps Private Limited, has entered into a loan agreement with Kiddopia Inc., another wholly-owned subsidiary of Paper Boat. The agreement, executed on August 13, 2026, allows for an unsecured loan of up to ₹7.50 Crores (approximately USD 8,00,000) for business and general corporate purposes. The loan is extended to Kiddopia Inc. by Paper Boat Apps Private Limited. This transaction falls under related party transactions but is exempted under Regulation 23(5)(c) of the Listing Regulations as it is between two wholly-owned subsidiaries. The transaction is confirmed to be at an arm's length basis.

Nazara Technologies Limited has announced an Extraordinary General Meeting (EGM) scheduled for August 30, 2026, to be held via Video Conference. The primary agenda items include increasing the company's authorized share capital from ₹80 crore to ₹90 crore, which involves creating an additional 5 crore equity shares of ₹2 face value each. This increase will lead to a consequential amendment of Clause V of the Memorandum of Association. Additionally, the EGM will seek approval for the issuance of equity shares on a preferential basis, in compliance with SEBI ICDR Regulations and other applicable laws. The notice for the EGM, along with explanatory statements, is being sent electronically to all registered members.

Nazara Technologies Limited, through its wholly-owned subsidiary Nazara UK, has made significant financial infusions and payments related to the acquisition of Target Companies (Bluetile Games, S.L. and Bestplay Systems, S.L.). Nazara UK received USD 33.84 million in equity and USD 57.39 million as loan. Subsequently, Nazara UK paid USD 89.45 million in cash as the first tranche towards the acquisition of the Target Companies, out of a total consideration of USD 303.02 million. The Target Companies have now become wholly-owned subsidiaries of Nazara UK and step-down subsidiaries of Nazara Technologies.

Nazara Technologies Ltd has received a Monitoring Agency Report from CARE Ratings Limited for the quarter ended June 30, 2026. The report, issued in accordance with SEBI regulations, confirms that there has been no deviation in the utilization of proceeds raised through a preferential issue of 1,82,31,000 warrants. These warrants were convertible into equity shares at ₹260 per share, aggregating to ₹500.006 crore. The monitoring agency has verified the utilization of funds against the specified objects of the issue, as per the agreement dated March 30, 2026. CARE Ratings has declared that the report provides an objective view based on information provided by the issuer and other reliable sources, while also clarifying its role does not constitute an audit or independent verification.

Nazara Technologies Limited announced a preferential issue of equity shares to raise approximately ₹733.5 crore. The shares will be issued at ₹306 per share and subscribed entirely by the founders and senior leadership of Bluetile Games and BestPlay Systems. Notably, incoming CEO Raymond Albaladejo Stauffer will invest approximately ₹583.5 crore. The capital raised will strengthen Nazara's balance sheet and be deployed towards strategic acquisitions, growth initiatives, IP investment, AI-enabled development, and other global gaming strategy opportunities. This move is seen as a significant expression of confidence in Nazara's strategy and future growth.

Nazara Technologies Limited announced its Board of Directors has approved a preferential issue to raise up to ₹7,335.03 crore by issuing 2,39,70,676 equity shares at ₹306 per share. The company also plans to increase its authorized share capital from ₹80 crore to ₹90 crore, requiring an amendment to its Memorandum of Association. An Extraordinary General Meeting (EGM) is scheduled for August 30, 2026, to seek shareholder approval for these proposals. The funds raised will be used for general corporate purposes, and the issuance is subject to regulatory and shareholder approvals. Key investors include Mr. Raymond Albaladejo Stauffer, who is also slated to become CEO.

Nazara Technologies Limited's Board of Directors has approved a preferential issue of up to 2,39,70,676 equity shares at ₹306 per share, aggregating ₹7,33,50,26,856. The funds will be raised from identified investors, subject to shareholder and regulatory approvals. The company also proposed an increase in authorized share capital from ₹80 crore to ₹90 crore. An Extraordinary General Meeting (EGM) is scheduled for August 30, 2026, to seek shareholder consent for these proposals. The issue price includes a premium of ₹304 per share.

Nazara Technologies Limited's Board of Directors, in a meeting held on August 06, 2026, approved a preferential issue of up to 2,39,70,676 equity shares at ₹306 per share, aggregating to ₹7,33,50,26,856. The company also proposed to increase its authorized share capital from ₹80 crore to ₹90 crore. An Extraordinary General Meeting (EGM) has been scheduled for August 30, 2026, to seek shareholder approval for these proposals. The preferential issue is subject to regulatory and shareholder approvals.

Nazara Technologies Ltd has announced that its Board of Directors will convene on August 6, 2026, to consider and approve a proposal for raising funds. The fundraising could be through the issuance of equity shares, convertible instruments, or other eligible securities on a preferential basis. The company also stated that the trading window for designated persons will remain closed until 48 hours after the announcement of the board meeting's outcome.