5432802026-10-135432802026-10-132026-10-135432802026-10-13in-capmkt:FinancialYear1Member5432802026-10-13in-capmkt:FinancialYear2Member5432802026-10-13in-capmkt:FinancialYear3Member5432802026-10-132026-10-13in-capmkt:FinancialYear1Member5432802026-10-132026-10-13in-capmkt:FinancialYear2Member5432802026-10-132026-10-13in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pure543280NAZARA TECHNOLOGIES LIMITEDNAZARANOTLISTEDINE418L01047NewAcquisition (including agreement to acquire)true2026-10-1216:40:002026-10-13Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”)Nazara Technologies LimitedListed Entity (self)Smaaash Entertainment Private Limited958000000-329100000-1043600000true2026-10-12falsefalsetrueGaming, Entertainment and Food & Beverage.Conversion of the outstanding inter-corporate loan into equity share capital of Smaaash to strengthen its capital base and net worth, improve its debt-equity profile and support its future growth plans and business requirements.NAfalseWithin 60 days from the date of approval by the Board or such other period as may be mutually agreed and permitted under applicable laws.OthersConversion of the outstanding inter-corporate loan aggregating up to ~₹129.35 Crores into equity share capital of Smaaash at a price of ₹10 per equity share determined based on the valuation report issued by an independent valuer.12935000001Smaaash is engaged in the business of gaming and entertainment, operating various entertainment centres with main themes such as bowling and go-karting, along with ancillary games and attractions. The key revenue segments for Smaaash include Gaming, Food & Beverages, Events, and Sponsorship. The company has a presence in 10 centres across various cities in India. All the centres are operated under the brand name ‘SMAAASH’.2009-11-302025-20269580000002024-202510489000002023-20241092000000IndiaNote: 1. We wish to inform you that the Board of Directors (“Board”) of Nazara Technologies Limited (“the Company”) at its meeting held today i.e. October 12, 2026, has approved the conversion of the outstanding inter-corporate loan aggregating upto ~₹129.35 Crores into equity share capital of Smaaash Entertainment Private Limited (“Smaaash”), a wholly-owned subsidiary of the Company. The Company had extended financial assistance to Smaaash pursuant to the resolution plan approved under the Corporate Insolvency Resolution Process of Smaaash and in terms of the InterCorporate Loan Agreement dated June 6, 2025. The said agreement provides the Company with a right to convert the whole or any part of the outstanding loan into equity shares of Smaaash. The proposed conversion is being undertaken with the objective of strengthening the capital base and net worth of Smaaash, improving its debt-equity profile, supporting its future growth plans and aligning its capital structure with its long-term business requirements. Pursuant to the approval, Smaaash shall issue and allot such number of equity shares to the Company as may be determined based on the valuation report obtained from an independent valuer and in accordance with the applicable provisions of the Law. Post conversion, Smaaash shall continue to remain wholly-owned subsidiaries of the Company and there shall be no change in the ownership or control of these subsidiaries. The details for conversion of loan into equity share capital, as required under the Listing Regulations read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, was enclosed as Annexure – F to the intimation dated October 12, 2026. 2. Name of the Target Entity details in brief such as size, turnover, etc.: Smaaash Entertainment Private Limited (“Smaaash”), a wholly owned subsidiary of the Company, incorporated in India on November 30, 2009. Paid-up Share Capital: ₹10,00,00,000 divided into 1,00,00,000 equity shares of ₹ 10 each fully paid-up Turnover as on March 31, 2026: ₹95.80 Crores 3. Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” : Smaaash, being a wholly owned subsidiary of the Company is a related party of the Company. As the transaction is between a holding company and its wholly owned subsidiary, it is exempt from the provisions applicable to related party transactions under Listing Regulations and the Companies Act, 2013. The promoter / promoter group / group companies of the Company do not have any interest in this transaction other than through their shareholding in the Company, if any. The transaction is being undertaken on an arm's length basis. 4. Nature of consideration - whether cash consideration or share swap and details of the same: Subscription up to 12,93,44,768 equity shares of ₹ 10/- each pursuant to conversion of outstanding inter-corporate loan.