Nazara Technologies has informed that Nazara Technologies FZ LLC (Nazara Dubai), a wholly owned subsidiary of Nazara Technologies (the Company), has entered into Subscription Agreement & Investor Questionnaire and other related transaction documents with Griffin Gaming Partners II, L.P (the Fund), GGP GP II, LLC (the Fund Manager) on March 07, 2022 for the purpose of purchase of Limited Partner interest in the Fund and admission of Nazara Dubai as Limited Partner in Griffin Gaming Partners II, L.P, for a capital commitment not exceeding USD 4 Millions (approx. INR 30 Crores), payable in cash, in one or more tranches.
The above information is a part of company’s filings submitted to BSE.