Archive · 11 Jun 2025

Rekha Jhunjhunwala Cuts Nazara Stake by Half

Rekha Jhunjhunwala Cuts Nazara Stake by Half

Rekha Jhunjhunwala, managing the estate of her late husband, Rakesh Jhunjhunwala, has sold some of her shares in Nazara Technologies, a gaming company.

She sold shares twice in June 2025.

These sales reduced the Estate's ownership in the company.

Initially, the Estate held over 7% of Nazara's shares, but now it owns around 3.66%.

This change happened because of the sales made in the open market, which means the shares were sold to other investors.

While the exact price of the shares sold isn't mentioned, the company's shares were trading positively at the time of the sales.

Sources