Nazara Technologies Limited — Others, 13-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Nazara Technologies Limited has confirmed that there are no deviations or variations in the utilization of proceeds from recent preferential issues as of December 31, 2024. The proceeds from a total of ₹315.29 cr, ₹509.99 cr, and ₹854.99 cr raised in previous fundraising rounds have been allocated effectively for strategic acquisitions, debt repayments, and growth plans without discrepancies. This assurance, reviewed by the Audit Committee, suggests robust financial management. Investors may view this as a positive outlook, reinforcing confidence in the company’s strategic direction and operational integrity.