Nazara Technologies Limited will convene a Board of Directors meeting on Thursday, August 06, 2026, to consider raising capital through a preferential allotment. The proposed transaction involves the issuance of equity shares, convertible instruments, or other eligible securities to one or more persons. This move aims to strengthen the company’s financial position, subject to shareholder approval and necessary regulatory clearances. The trading window for designated persons, their immediate relatives, and connected persons remains closed until 48 hours after the announcement of the board meeting’s outcome.

The proposal is being considered in accordance with Regulation 29(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board will also approve ancillary actions, including issuing a notice to shareholders seeking their consent for the allotment. The issuance must comply with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Key Details of the Proposal

The company notified the Listing Compliance Departments of both BSE Limited and National Stock Exchange of India Limited on August 03, 2026. The notice was signed by Arun Shiva Bhandari, Company Secretary and Compliance Officer, pursuant to Regulation 30 of the Listing Regulations. The full text of the notice is hosted on the company’s website, www.nazara.com .

What This Means for Investors

Preferential allotments allow companies to raise funds quickly from specific investors without a public issue. However, they require shareholder approval to ensure fair treatment of all stakeholders. Investors should monitor the subsequent general body meeting notice where the final terms, including valuation and investor identity, will be disclosed. The continued closure of the trading window underscores the materiality of this information, preventing insider trading until the details are publicly available.

Nazara Technologies Limited has scheduled an Extraordinary General Meeting (EGM) for Monday, August 10, 2026, at 11:30 A.M. IST. The meeting will be conducted through Video Conferencing and Other Audio-Visual Means (VC/OAVM) to seek shareholder approval for the appointment of two directors and the re-designation of the current Chairman. The initiative is in compliance with the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Special Business Agenda

The EGM will transact three key items of special business. Shareholders will consider the appointment of Mr. Mithun Padam Sacheti (DIN: 01683592) as a Non-Executive Director, liable to retire by rotation. Additionally, the meeting will seek approval for the appointment of Mr. Muraarie Rajan (DIN: 02756837) as an Independent Director for a term of five years commencing from May 12, 2026, to May 11, 2031.

A special resolution will also be put to vote regarding the re-designation of Mr. Vikash Mittersain (DIN: 00156740) from Chairman & Managing Director to Founding Chairman in the category of Non-Executive Director. This re-designation is proposed for a term of five years from June 1, 2026, to May 31, 2031. The resolution also includes approval for his remuneration, comprising a fixed pay of INR 75,00,000 per annum and benefits not exceeding INR 10,00,000 per annum.

Meeting and Voting Details

The notice of the EGM has been sent electronically to members and is available on the company’s website at www.nazara.com . Members can participate and vote through remote e-voting or during the EGM via VC/OAVM. The remote e-voting period begins on August 5, 2026, at 09:00 A.M. IST and ends on August 9, 2026, at 05:00 P.M. IST. The voting rights are determined based on shareholding as on the cut-off date of August 3, 2026.