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

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.

DSIJ Intelligence 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).

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