New Delhi, Aug. 24 -- Rekha Jhunjhunwala is under spotlight for her timely exit from Nazara Technologies just weeks before the government introduced the Online Gaming Bill 2025, which bans real money gaming. Jhunjhunwala offloaded her entire stake in the company through a family entity in June, well ahead of the regulatory blow.

While her move has sparked debate , several marquee investors are now facing the brunt of the crash. Zerodha co-founder Nikhil Kamath, ace investor Madhusudan Kela, and Plutus Wealth Management's Arpit Khandelwal have collectively seen heavy losses as Nazara shares plunged over 17% in the last five market sessions.

Shortly after the announcement, ICICI Securities cut its target price on the stock by 27% to Rs.1,...