Nazara Technologies Limited — Important, 10-03-2025: Updates

Nodwin Gaming Private Limited, a material subsidiary of Nazara Technologies Limited, has extended a guarantee of up to EUR 1,560,000 (~INR 14.73 crores) to secure a loan for its step-down subsidiary, Freaks 4U Gaming GmbH. The loan, structured in one or more tranches, will be used for working capital and expansion purposes. The transaction is undertaken on an arm's length basis and is expected to have no immediate impact on Nazara's financials beyond being disclosed as a contingent liability in the consolidated financial statements. Investors should monitor this development closely, as it could signal future growth opportunities in the gaming sector.