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How did Rekha Jhunjhunwala save ₹334 crore with Nazara stake sale weeks before gaming bill?
short by Ashley Paul / on Sunday, 24 August, 2025
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.
read more at NDTV