How did Rekha Jhunjhunwala save ₹334 crore with Nazara stake sale weeks before gaming bill?

Rekha Jhunjhunwala, veteran investor late Rakesh Jhunjhunwala's wife, sold her entire stake in Nazara Technologies in June 2025, weeks before government banned online real-money and gambling games. This sale helped Rekha save ₹334 crore as Nazara's shares fell nearly 18% in the past week. The shares' massive dip was caused by the Online Gaming Act, which was passed on Thursday.

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