Nazara Technologies Ltd

Shareholding update in Funky Monkeys

• Nazara subscribed ₹8 crore for 1,87,586 equity shares of Funky Monkeys (4%).
• Funky Monkeys is Nazara subsidiary; Nazara now holds 64% stake.

Loan to Kiddopia (related party)

• Unsecured loan up to ₹7.50 crores to Kiddopia Inc., in one or more tranches.
• Lender: Paper Boat Apps Private Limited; Borrower: Kiddopia Inc.
• Related party transaction between wholly-owned subsidiaries; exempt, arm's length under Listing Regulations.
• Purpose: for business and general corporate purposes including working capital.
• Date of loan agreement: August 13, 2026; security provided: Nil.
• Outstanding loan amount as of disclosure: ₹82.00 crores.
• Nazara owns Paper Boat; Paper Boat owns Kiddopia (100%).

Resolutions and outcomes

• Resolution 1 (Ordinary): Mithun Sacheti appointed NED; 99.89% in favour; passed; promoter group not interested.
• Resolution 2 (Special): Muraarie Rajan appointed Independent Director; 99.998% in favour; passed; promoter group not interested.
• Resolution 3 (Special): Vikash Mittersain redesignated Founding Chairman; remuneration approved; 99.56% in favour; promoter group not interested.

Governance changes

• New appointments: Mithun Sacheti as NED, Muraarie Rajan as Independent Director.
• Vikash Mittersain redesigned as Founding Chairman with remuneration approved.

Capital and ownership impact

• No capital raise; no proceeds utilization disclosed.
• No material changes to promoter holding or control expected.

Resolutions

• Ordinary: appoint Mithun Sacheti as Non-Executive Director, liable to retire by rotation; voting via remote/e-voting and at EGM.
• Special: appoint Muraarie Rajan as Independent Director; voting via remote/e-voting and at EGM.
• Special: re-designate Vikash Mittersain as Founding Chairman (Non-Executive Director) and approve remuneration; promoter interest; voting at EGM.

Capital raise and capital structure

• Preferential issue of up to 2,39,70,676 equity shares at ₹306 each.
• Aggregate issue size up to ₹7,33,50,26,856.
• Subject to shareholders’ approvals and regulatory clearances.

Authorised capital increase and MOA amendment

• Authorized share capital increased from ₹80 Cr to ₹90 Cr.
• MOA amended to reflect increase (Clause V).
• Subject to shareholders’ approvals.

EGM and approvals timeline

• EGM scheduled for 30 August 2026 via video conference.
• Shareholder approvals required for the above matters.

Appointment of Chief Executive Officer

• Mr. Raymond Albaladejo Stauffer appointed CEO effective 1 September 2026.

Annexures and related disclosures

• Annexures A and B outline investor details and capital amendments.