Late Rakesh Jhunjhunwala’s Estate Exits Nazara

In a filing with the exchanges, Nazara said that the estate, in total, dumped 27.23 Lakh shares on June 13 to exit the gaming company

This follows the estate selling 17.21 Lakh shares between June 9 and June 12, and another 27.23 Lakh shares on June 13

Sources reportedly said that the exit is estimated at nearly INR 770 Cr, translating into a four-fold return for the estate of the late billionaire investor

The estate of late investor Rakesh Jhunjhunwala has exited…