Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, 7Seas Entertainment has informed that the company has announced ‘Formula Ride’, an upcoming mobile racing game being developed in India for players in domestic and international markets. Formula Ride is currently available for pre-registration on Google Play and pre-order on the App Store, ahead of its proposed commercial launch on Android and iOS. Formula Ride is designed to combine high-speed racing with strategic race management, career progression and real-time multiplayer competition. The proposed title is expected to offer multiple game modes, vehicle progression and competitive features, with scope for future content expansion based on launch performance, player response, technical readiness and applicable platform requirements. The announcement marks an important product-development milestone for the Company and advances its focus on creating original gaming intellectual property for domestic and international audiences. The commercial launch date and other product updates will be communicated through the Company’s official channels. A press release containing further details is enclosed as Annexure I. Based on the Company’s present assessment, this announcement is not expected to have any immediate material financial impact on the Company.
The above information is a part of company’s filings submitted to BSE.
