Tag
The Mittal family has bought a 75% controlling stake in IPL franchise Rajasthan Royals for around ₹15,600 crore, implying a total team valuation of roughly ₹20,800 crore. The deal ends an earlier agreement with the Somani family and places Lakshmi N.
Laxmi Mittal's family has joined a consortium acquiring a stake in Rajasthan Royals, alongside Aadar Poonawala and existing principal owner Manoj Badale. The move reflects rising IPL franchise valuations and a trend toward high-profile multi-investor ownership structures.
Tag
The Mittal family has bought a 75% controlling stake in IPL franchise Rajasthan Royals for around ₹15,600 crore, implying a total team valuation of roughly ₹20,800 crore. The deal ends an earlier agreement with the Somani family and places Lakshmi N.
1mo ago · 2 min · Business
Laxmi Mittal's family has joined a consortium acquiring a stake in Rajasthan Royals, alongside Aadar Poonawala and existing principal owner Manoj Badale. The move reflects rising IPL franchise valuations and a trend toward high-profile multi-investor ownership structures.
1mo ago · 2 min · Business
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