Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, Nazara Technologies has informed that there is no deviation or variation in use of proceeds raised through preferential issue. A Nil statement of deviation duly reviewed by Audit Committee is attached herewith as Annexure A.
The above information is a part of company’s filings submitted to BSE.