Absolute Sports (Absolute / Franchise Holder), a wholly-owned subsidiary of Nazara Technologies has entered into a Franchise Agreement with PWR Indian League and Tour (PWR /League Owner) on 12 November 2025, for acquiring license to operate and manage the Franchise in relation to a participating team in the ‘Indian Pickleball League' for Mumbai territory, in accordance with such terms and conditions as stated in the Agreement and in compliance with the applicable laws and such other regulatory / statutory approvals, as may be required.