Nazara Technologies Board Clears Loan Support For UK Subsidiary And Approves AGM Schedule

Nazara Technologies Limited, the gaming and sports media company, announced on Monday that its board has approved a set of financial measures to support its international operations and confirmed the date for its upcoming annual meeting. The decisions were finalised at the board meeting held on 25 August 2025.

Loan Approval For Subsidiary

The board gave the green light for an unsecured loan of up to GBP 1,259,520 (around ₹15 crore) to its wholly-owned subsidiary, Nazara Technologies UK Limited (Nazara UK). This loan is earmarked as part of the consideration payable for the acquisition of Fusebox Games Ltd, which is a fully-owned subsidiary of Nazara UK. 

A loan agreement for this facility was executed on the same day, 25 August 2025. As per the latest disclosure, GBP 11,187,061 is outstanding under the loan facility. The company clarified that the loan carries no security or special rights such as board representation or operational restrictions, and falls under the exemption from related-party provisions as it involves the holding company and its wholly-owned subsidiary.

Additional Loan Approvals

Alongside this, the board provided in-principle approval for its wholly-owned subsidiaries to extend unsecured loans of up to ₹100 crore among themselves, over and above approvals previously granted on 20 May 2025 and 26 May 2025. 

In addition, Nazara Technologies also cleared further loans of up to ₹100 crore to Nazara UK, supplementing the earlier clearances. These moves reflect the company’s ongoing strategy of strengthening its global subsidiaries through flexible financial support.

Annual General Meeting Scheduled

The board also confirmed that the company’s 26th Annual General Meeting (AGM) will take place on 29 September 2025. The meeting will be conducted through video conferencing and other audio-visual means, ensuring shareholders across locations can participate. As part of this process, the 26th Annual Report for FY25, along with the AGM notice, will be sent to shareholders and uploaded on the company’s official website.

Read More: Rekha Jhunjhunwala Exits Nazara Before Gaming Bill, Avoids ₹334 Crore Loss

Nazara Technologies Share Price Performance 

As of August 26, 2025, at AM, Nazara Technologies share price is trading at ₹1,128.00 per share, reflecting a decline of 1.06% from the previous closing price. 

Conclusion

With the fresh financial approvals and the AGM announcement, Nazara Technologies has reinforced its commitment to expanding international operations while ensuring transparency with stakeholders. The support for its UK arm highlights the company’s strategic focus on global gaming assets such as Fusebox Games, while the AGM will provide shareholders with an opportunity to engage on these significant developments.

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