Nazara Technologies UK Provides £1 Million Loan to Subsidiary Curve Digital
Nazara Technologies UK Limited, a wholly-owned subsidiary of Nazara Technologies Limited, has entered into a loan agreement with its subsidiary Curve Digital Entertainment Ltd (CDEL). The unsecured loan of up to £1,000,000 (approx. ₹12.00 crores) will support CDEL's working capital needs, potential acquisitions, and expansion plans. The loan, to be disbursed in tranches, is classified as a related party transaction but is exempt from certain regulatory requirements. No amount has been disbursed yet, and the transaction is reported to be on an arm's length basis.

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Nazara Technologies Limited , a prominent player in the gaming and sports media sector, has announced a significant financial move involving its UK subsidiaries. The company's wholly-owned subsidiary, Nazara Technologies UK Limited (Nazara UK), has entered into a loan agreement with Curve Digital Entertainment Ltd (CDEL), which is in turn a wholly-owned subsidiary of Nazara UK.
Loan Details
The loan agreement, executed on July 24, 2025, allows Nazara UK to provide an unsecured loan of up to £1,000,000 (approximately ₹12.00 crores) to CDEL. This financial arrangement is designed to support various business initiatives of Curve Digital Entertainment, including:
- Working capital requirements
- Potential acquisitions
- Expansion plans
The loan will be disbursed in one or more tranches, providing flexibility to CDEL in managing its financial needs.
Transaction Classification
While this transaction falls under the category of a related party transaction, it is exempted from certain regulatory requirements under Regulation 23(5)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. This exemption applies because the transaction is between two wholly-owned subsidiaries of Nazara Technologies Limited.
Financial Implications
The loan agreement represents a strategic move by Nazara Technologies to support the growth and operational needs of its UK-based subsidiary. Key points to note about the financial arrangement include:
- The loan is unsecured, indicating a high level of trust within the corporate structure.
- As of the disclosure date, no amount has been disbursed under this agreement.
- The transaction is reported to be on an arm's length basis, ensuring fair terms for all parties involved.
Corporate Structure
This financial arrangement highlights the intricate structure of Nazara Technologies' international operations:
Entity | Relationship |
---|---|
Nazara Technologies Limited (India) | Parent company |
Nazara Technologies UK Limited | Wholly-owned subsidiary of the Indian parent |
Curve Digital Entertainment Ltd | Wholly-owned subsidiary of Nazara UK |
Market Impact
The move underscores Nazara Technologies' commitment to supporting its international subsidiaries and potentially signals upcoming strategic initiatives in the UK market. As the gaming and sports media sectors continue to evolve rapidly, such financial flexibility could prove crucial for Curve Digital Entertainment's competitive positioning and growth strategies.
Investors and market watchers will likely keep a close eye on how this loan is utilized and its impact on Nazara's overall international operations and financial performance in the coming quarters.
Historical Stock Returns for Nazara Technologies
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.66% | -2.79% | +5.45% | +46.82% | +52.51% | +74.69% |