Nazara Technologies' wholly-owned subsidiaries, Sportskeeda Inc. and Nazara Technologies UK, signed a Rs. 5.00 Crore loan agreement. This intimation discloses the inter-subsidiary financing arrangement.
Nazara Technologies' subsidiaries Sportskeeda and Kiddopia executed loan agreements with Nazara UK, totaling ₹16.74 Crore for general corporate purposes and working capital requirements.
Nazara Technologies allotted 1,33,31,000 equity shares upon conversion of warrants at an issue price of ₹260 per share. This preferential allotment increases the company's paid-up share capital.
Nazara Technologies has scheduled a board meeting on August 03, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026.
Nazara Technologies has issued a notice for an EGM on August 10, 2026. The meeting will address director appointments and the re-designation of the Founding Chairman.
Nazara Technologies withdrew its amalgamation scheme with Paper Boat Apps, approved by NCLT. This restructuring update affects corporate structure but carries no financial value.