Rekha Jhunjhunwala cashes out Rs 374 Cr from Nazara in June

Rekha Jhunjhunwala, wife of the late investor Rakesh Jhunjhunwala, has been trimming her stake in the gaming and esports company, Nazara Technologies. Through open market sales in the first half of June 2025, the Estate of Rakesh Jhunjhunwala has divested a significant portion of its shareholding. Recent regulatory filings show sales of shares worth approximately Rs 374 crore, effectively halving the Estate's holding in the company to around 3.6%. This move is part of a broader portfolio rebalancing by Rekha Jhunjhunwala. The sale of a large block of shares by a prominent investor is often closely watched by the market, as it can influence investor sentiment. Despite the stake sale, Nazara Technologies continues to be a key player in the Indian gaming industry, a sector that Rakesh Jhunjhunwala had backed early on.