‘Deeply disappointed’: Kal Somani-led consortium reacts to Rajasthan Royals sale
Industrialist Lakshmi N. Mittal, his son Aditya, and Adar Poonawalla have acquired a majority stake in Rajasthan Royals for USD 1.65 billion. This deal, valued at approximately Rs 15,600 crore, includes associated teams Paarl Royals and Barbados Royals. The transaction is pending regulatory approvals and is expected to conclude by Q3 2026.
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