Archive · 11 Jun 2025
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.
Rekha Jhunjhunwala reduced her stake in Nazara Technologies.
She sold shares in two separate transactions in June 2025.
The Estate of Late Rakesh Jhunjhunwala's shareholding is now 3.66%.
Jhunjhunwala sold 12,36,500 shares on June 9-10, 2025.
The sales were conducted through open market transactions.
- Who
- Rekha Jhunjhunwala, representing the Estate of Late Rakesh Jhunjhunwala.
- What
- Rekha Jhunjhunwala sold shares of Nazara Technologies.
- When
- The sales happened in June 2025.
- Where
- Not explicitly mentioned, but shares were sold in the open market.
- Why
- Not specified in the article.
- Seller
- Rekha Jhunjhunwala
- Company
- Nazara Technologies
- Shareholding Before Sales
- 7.05%
- Shareholding After Sales
- 3.66%
- Date of Sales
- June 2-6 and June 9-10, 2025
- Shares Sold (June 9-10)
- 12,36,500
- Market
- Open Market