Nazara Technologies Limited — Important, 14-11-2024: Updates

M/s. Walker Chandiok & Co LLP has resigned as the statutory auditors of both Nodwin Gaming Private Limited and Absolute Sports Private Limited, material subsidiaries of Nazara Technologies Limited. This decision aligns with the company's strategy to consolidate its audit processes under a unified auditor across its group, thereby enhancing operational efficiency. The resignation is effective immediately following the issuance of the limited review reports for the quarter and half-year ended September 30, 2024. Notably, the auditors have not raised any concerns regarding this change. The management aims to ensure that all subsidiaries are audited by the same firm to streamline operations going forward. Investors should monitor any transitions closely as they may affect the company's financial governance and reporting procedures.