Nazara Technologies' Three Subsidiaries Extend Loans Worth About Rs 18 Crore To UK Arm For Expansion
NAZARA Nazara Technologies Ltd.'s three wholly-owned subsidiaries have extended loans totalling about Rs 17.73 crore to its UK-based arm, Nazara Technologies UK Ltd., to meet working capital requirements and expansion plans. According to a regulatory filing, Nazara Technologies' three wholly-owned subsidiaries executed the loan agreements on August 26, 2025. All the loans will be disbursed in one or or more tranches, the filing said. As part of the arrangement, Kiddopia Inc, a wholly-owned subsidiary of Paper Boat Apps Pvt Ltd (a wholly-owned subsidiary of Nazara), has granted a loan not exceeding $1,000,000 (about Rs 8.73 crore) to Nazara UK.
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