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).

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

The stock is up by 62 per cent from its 52-week low of Rs 590.85 per share.

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.

Notably, Rekha Rakesh Jhunjhunwala, the wife of the late Shri Rakesh Jhunjhunwala, holds a substantial stake of 8.99 percent, equivalent to 6,588,620 shares of the company. Additionally, Kamath Associates holds a 1.27 percent stake, translating to 931,487 shares.

India's sole listed gaming and esports company, with a strong presence in India, the US, and global markets.