Nazara Technologies FZ LLC to invest in Getstan Technologies Pte. Ltd.

Nazara Technologies FZ LLC ("Nazara Dubai"), a wholly owned subsidiary of the Nazara Technologies Limited ("the Company") has today i.e., on June 28, 2025, entered into Shares Subscription Agreement ("SSA") with Getstan Technologies Pte. Ltd. ("STAN"), a company incorporated in the Republic of Singapore, for primary infusion of funds not exceeding USD 1 Million (United States Dollar One Million Only) (equivalent to ~INR 8.66 Crores), in cash, in one or more tranches, by way of subscription to its 37,461 Compulsorily Convertible Preference Shares ("CCPS"), representing 1.54% of the share capital of STAN, on a fully diluted basis, in accordance with the applicable laws and such other regulatory / statutory approvals, as may be required.

The proposed transaction is subject to fulfillment of certain customary condition precedents and other terms and conditions as set forth in the SSA. The transaction is being funded by Nazara Dubai from its internal resources / reserves.

Nazara Dubai presently holds 3,17,333 ordinary shares in the share capital of STAN. After subscription to the CCPS by Nazara Dubai, the total shareholding of Nazara Dubai in the share capital of STAN will be equivalent to 14.57% of the share capital of STAN, on a fully diluted basis.

STAN aligns well with Nazara's vision of building a diversified, community-driven gaming ecosystem. As India's leading creator-led gaming platform, STAN brings deep engagement with Gen-Z audiences and a scalable monetization model rooted in fan-creator interactions-complementing Nazara's existing portfolio across gaming, publishing and esports.

Shares of Nazara Technologies Limited was last trading in BSE at Rs. 1310.00 as compared to the previous close of Rs. 1320.00. The total number of shares traded during the day was 63233 in over 2182 trades.

The stock hit an intraday high of Rs. 1352.00 and intraday low of 1306.00. The net turnover during the day was Rs. 84165915.00.

Source : Equity Bulls

Keywords

NazaraTechnologies INE418L01021 NazaraTechnologiesFZLLC Dubai SSA GetstanTechnologies Singapore