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Economic Times
14 minutes ago
- Economic Times
Rekha Jhunjhunwala exits Nikhil Kamath, Madhusudan Kela-backed smallcap stock with 111% returns in 3 years
Rekha Jhunjhunwala held a 7.06% stake in Nazara Technologies as of March 2025, owning 61,83,620 shares. However, by June, she had fully exited the company. On June 13, she sold 13 lakh shares on the BSE and 14 lakh on the NSE, at average prices of Rs 1,225.19 and Rs 1,225.63, respectively. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Nazara Technologies share price history Star investor Rekha Jhunjhunwala , after inheriting her husband Rakesh Jhunjhunwala's 10.82% stake in Nazara Technologies , has now completely exited her position in the company, a prominent player in India's gaming and sports media sector. The stock has delivered an impressive 111% return over the past three years. Nazara Technologies ' stock is backed by some influential investors, including Madhusudan Kela and Nikhil March 2025, Rekha Jhunjhunwala had a 7.06% stake in the company, holding a total of 61,83,620 shares. However, by June, Rekha exited Nazara Technologies, selling her entire June 13, Jhunjhunwala sold her stake in Nazara Technologies, offloading 13 lakh shares on the BSE and another 14 lakh shares on the NSE, at an average price of Rs 1,225.19 and Rs 1,225.63, respectively. The combined deal value stood at approximately Rs 334 crore. This marked the completion of her exit from the company, however, continues to be backed by other notable investors. Madhusudan Kela, who holds 10,96,305 shares, owns 1.18% of Nazara Technologies. Meanwhile, Nikhil Kamath, through his firm Kamath Associates, holds 15,04,782 shares, representing a 1.62% stake in the Rekha Jhunjhunwala publicly holds 25 stocks, with a combined net worth exceeding Rs 38,918.10 crore, according to the latest corporate shareholding disclosures available on as of June 2025, Jhunjhunwala's net worth was valued at Rs 42,252.90 crore, marking a stellar 149% jump from March 2025, according to the past year, the shares of Nazara Technologies have increased by 40.01%, while year-to-date (YTD), the stock has increased by 31.81%. In the last six months, the price has increased by 42.07%, and over the past three months, the stock has surged 31.35%. In the past month, the stock price went up by 2.38%.On Friday, Nazara Technologies shares closed 1.44% lower at Rs 1,331.10 on the BSE.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Deccan Herald
14 minutes ago
- Deccan Herald
Election Commission doubles pay for Booth-Level Officers, introduces incentive for SIR exercises
The last revision of remuneration was in 2015. An honorarium for Electoral Registration Officers (Rs 30,000) and Assistant EROs (Rs 25,000) have also been announced for the first time.
India.com
14 minutes ago
- India.com
What will Karisma Kapoor's children Samaira and Kiaan inherit from Sunjay Kapoor's Rs 3000000000000 crore wealth? Wife Priya Sachdev Kapur will get...
Karisma Kapoor and Sunjay Kapur (File) Billionaire businessman and Karisma Kapoor's ex-husband, Sunjay Kapur, died suddenly on 12 June in London. He was playing a polo match at the Guards Polo Club when he began to feel unwell. Moments later, he suffered a heart attack and passed away on the spot. As per reports, a bee flew into his throat during the game, and its sting may have triggered the heart attack. Sunjay Kapur was the Chairman of Sona Comstar, a major global auto parts company. He took charge of the business in 2015 after his father Dr. Surinder Kapur's death and led it into new international markets. Jeffrey Mark Overly is the New Chairman Sona Comstar has a market value of about Rs. 31,000 crore (around 4 billion dollars). After Sunjay Kapur's death, the company's shares dropped by 7 per cent, and people started speculating about who would take over as the next leader. In a statement, the company said, 'Sanjay Kapur's vision and dedication will always inspire us. We assure our customers, employees, and shareholders that the company will continue to run smoothly.' For now, the company is being managed by its board, and recently, Jeffrey Mark Overly has been appointed as the new Chairman. Allegations by Sunjay Kapur's Mother Rani Kapur After Sanjay Kapur's sudden death, a dispute has surfaced within the family over who will take over his legacy. His mother, Rani Kapur, has raised serious allegations. She claimed that during the time of mourning, she was kept away from key decisions, and was pressured to sign certain documents. She also accused the company's board of appointing Sanjay's wife, Priya Sachdev Kapur, as a non-executive director without the family's consent. However, the company strongly denied these claims. In its official response, the company said that Rani Kapur has not held any shares since 2019, and that all decisions were made legally and in line with company rules. What did Karisma Kapoor and her children receive? According to Forbes, Sunjay Kapur's total wealth was estimated at around USD 1.2 billion (approximately Rs. 10,300 crore). As per his will and trust, the entire estate will now be managed by his wife Priya Sachdev Kapur. This means that the share meant for their son Azarius will be handled indirectly by his mother. Sunjay Kapur was earlier married to Bollywood actress Karisma Kapoor, but the couple divorced in 2016. They have two children together — Samaira (20) and Kiaan (14). Financial arrangements for these children were made in advance. As per reports: Both children were gifted bonds worth Rs. 14 crore. They also receive a monthly income of Rs. 10 lakh each. In addition, a property in Sunjay Kapur's father's name was allotted to Karisma Kapoor as part of the custody settlement.
