Rekha Jhunjhunwala sold Nazara before gaming ban but Nikhil Kamath, Madhusudan Kela held on
- Posted on August 21, 2025
- By Business News Today
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Rekha Jhunjhunwala sold Nazara before gaming ban but Nikhil Kamath, Madhusudan Kela held on

Rekha Jhunjhunwala strategically divested her entire stake in Nazara Technologies in June 2025, ahead of the government's online gaming ban that subsequently caused the stock to plummet. This move contrasts with other investors like Madhusudan Kela and Nikhil Kamath, who maintained their positions. The exit shielded her portfolio from the market's negative reaction to gaming companies.