DSIJ Mindshare

Rakesh Jhunjhunwala’s Stock: Gaming Company Increases Equity Stake in Next Wave Multimedia

With the latest buying company's holding in the subsidiary increased from 71.88 per cent to 74.88 per cent on a fully diluted basis.

Manoj Reddy Sama 0 85 Article rating: 5.0

This acquisition is part of an earlier Share Purchase Agreement (SPA) signed on May 24, 2024, under which the company is set to acquire 9,375 equity shares (28.12 per cent of Nextwave’s capital).

Jhunjhunwala’s Hold 8.08 Per Cent Stake: Gaming & Esports Company Signs Letter of Intent with Lysto to Launch - The Growth Protocol

The stock is up by 75.6 per cent from its 52-week low of Rs 590.85 per share.

Kiran Shroff 0 190 Article rating: 5.0

The stock is up by 75.6 per cent from its 52-week low of Rs 590.85 per share.

Nikhil Kamath & Nithin Kamath bought 11,46,590 shares of this multibagger gaming stock via preferential issue; Jhunjhunwala family owns 65,88,620 shares!

The stock is up by 42.86 per cent in 1 year whereas the BSE Sensex Index is up by 22.64 per cent.

Prajwal Wakhare 1 37882 Article rating: 3.5

The company has a market cap of over Rs 5,011 crore. The company is almost debt-free and its current debt is Rs 109 crore which is 2.17 per cent of its market cap.

RSS
12
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR