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Nazara Technologies informs about disclosure

12 Mar 2025 Evaluate
In terms of Regulation 30 read with Schedule III of Listing Regulations, Nazara Technologies has informed that basis the intimation received on March 11, 2025, Openplay Technologies (Openplay), a subsidiary of the Company, has entered into a loan agreement (the Agreement) with Moonshine Technology (Moonshine), an associate of the Company, to grant a loan for an aggregate amount not exceeding INR 20 Crores, in one or more tranches, for business purposes such as working capital requirements, expansion plans, etc., subject to compliance with the applicable laws. The details in relation to the above, as required under the Listing Regulations read with the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as ‘Annexure - A’.

The above information is a part of company’s filings submitted to BSE.

Peers
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