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Plan to sell IPL 2025 champions RCB only..., Kohli's team reveal truth to BSE, they said...

Plan to sell IPL 2025 champions RCB only..., Kohli's team reveal truth to BSE, they said...

India.coma day ago

RCB won the IPL 2025 title after wait of 18 years. They beat PBKS by six runs in IPL 2025 final last week.
Media reports stated that RCB owners Diageo India are planning to sell a stake in the team after their IPL 2025 win. RCB could become 2nd IPL team after Gujarat Titans to sell a stake, according to a report in Bloomberg.
RCB owners Diageo India are looking at valuation of $2 billion, according to the report in Bloomberg.
RCB owners Diageo have confirmed their stand in statement to the Bombay Stock Exchange. "The company would like to clarify that the aforesaid media reports are speculative in nature and it is not pursuing any such discussion," Mital Sanghvi, the company secretary, informed the regulating body of the Indian Stock Market. "This is for your information and records."
Diageo-owned United Spirits stock prices increased after new of RCB stake sale. Diageo India had to respond to a mail from BSE.
Former IPL chairman Lalit Modi is not surprised at RCB valuation of $2 billion, according to report in Cricbuzz website. "I will not be surprised if it is sold for a higher price," Lalit Modi said.
RCB official have no been available since deadly Bengaluru stampede last week which led to death of 11 people amid Virat Kohli's team felicitation.

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'My heart sunk...': Hardik Pandya, Neeraj Chopra, sports fraternity mourn Air India Ahmedabad plane crash

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