Rekha Jhunjhunwala trims stake in Nazara, offloads stake worth Rs 276 Cr

Rekha Jhunjhunwala, a prominent investor and wife of the late Rakesh Jhunjhunwala, has been reducing her stake in the gaming and esports company, Nazara Technologies. In a series of open market transactions during the first half of June 2025, she has offloaded a significant number of shares, generating substantial returns. This divestment has nearly halved the family's holding in the company. The move is widely seen as part of a broader portfolio rebalancing strategy by Rekha Jhunjhunwala, who manages the vast investment portfolio left by her husband. While the sale by a key investor can sometimes influence market sentiment, it is also a normal part of portfolio management for large investors looking to lock in profits or reallocate capital to other opportunities. Nazara Technologies remains a key player in the Indian gaming sector, a space that Rakesh Jhunjhunwala had backed early on.