Rakesh Jhunjhunwala family fully exits Nazara Technologies – Times of India

Rakesh Jhunjhunwala family fully exits Nazara Technologies – Times of India

BENGALURU: The family of late investor Rakesh Jhunjhunwala has fully exited its stake in Nazara Technologies through open market transactions on Friday..According to stock exchange disclosures, Rekha Rakesh Jhunjhunwala, executor to the estate of late Rakesh Jhunjunwala, sold 27.2 lakh shares, worth Rs 333.8 crore, through bulk deals in the open market executed on both…

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Nazara to raise Rs 495 crore through 5.4% stake sale to Axana Estates – The Times of India

Nazara to raise Rs 495 crore through 5.4% stake sale to Axana Estates – The Times of India

Nazara Technologies announced on Monday its plans to secure Rs 495 crore through a 5.4% stake sale to Axana Estates, an entity established by the company’s current investors. The entity was formed by Arpit Khandelwal, who founded Plutus Wealth Management, and Mithun Sacheti, the co-founder of CaratLane. The funding, aimed to support Nazara’s strategic acquisitions…

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