Apart from regular trading in the stock market, the stocks in the portfolio of star investors are also monitored. Common investors want to know what star investors and their stocks are doing. Star investor Rekha Jhunjhunwala's portfolio stock Nazara Technologies Ltd is being discussed.
Gaming company Nazara Technologies Ltd has acquired Trinity Gaming. Shares of Nazara Technologies were trading at Rs 1,006.55 on Friday, down 1.45%. The market cap of this company is Rs 7.38 thousand crore. Star investor Rekha Jhunjhunwala holds an 8.10% stake in the company and holds 6,183,620 shares of the company. It is almost debt-free stock.

Godwin Gaming, a subsidiary of gaming, esports, andnew-ageee entertainment company Nazara Technologies Ltd, has announced the acquisition of Trinity Gaming in a deal worth Rs 24 crore. This strategic acquisition strengthens Nodwin Gaming's significant position in the global gaming and esports industry, further increasing its influence in the Indian gaming ecosystem.

The transaction involves the purchase of 100 percent of Trinity Gaming's share capital through a combination of secondarsalesle and stoswapswap. This amount comprises of Rs 4.8 crore in cash and the remaining Rs 19.2 crore in the form of stock swap with NODWIN Gaming shares.

Founded in 2019, Trinity Gaming has emerged as a cornerstone in India's gaming influencer ecosystem. It is the only gaming multi-channel network (MCN) for YouTube in the country and serves as a creator service provider (CSP) for Meta. The company manages over 1,000 creators across the country and has partnered with global brands such as Samsung, Realme, iQOO, and Kraf, ton, establishing itself as a leading company in digital marketing, content creation, on and age, any activation.

With this acquisition, Trinity Gaming will become a wholly-owned subsidiary of NODWIN Gaming but will retain its distinct identity. NODWIN plans to expand Trinity's business portfolio into emerging markets including Africa, Southeast Asia, Central As,ia and the Middle East, leveraging its existing business verticals and expertise. Additionally, NODWIN Gaming's unpaused talent business will merge with Trinity.