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Sports
Lakshmi Mittal and Adar Poonawalla Set to Acquire Rajasthan Royals in Mega Deal
✍️ Livemint
🗓 22 Sep 2026, 12:03 AM
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Industrialist Lakshmi Mittal and Adar Poonawalla are reportedly set to acquire the Rajasthan Royals franchise in a massive deal.
Industrialist Lakshmi Mittal and Serum Institute of India CEO Adar Poonawalla are reportedly set to acquire the Rajasthan Royals franchise in a major deal. The development marks a significant shift in the ownership landscape of the Indian Premier League.
The reported deal, valued at a massive figure, underscores the growing interest of top industrialists in India's premier cricket league. Rajasthan Royals, one of the founding franchises of the IPL, has been a prominent name in the tournament since its inception.
The acquisition, if finalized, would bring two prominent business figures into the fold of IPL franchise ownership. Further details regarding the structure and completion of the deal are awaited.
The reported deal, valued at a massive figure, underscores the growing interest of top industrialists in India's premier cricket league. Rajasthan Royals, one of the founding franchises of the IPL, has been a prominent name in the tournament since its inception.
The acquisition, if finalized, would bring two prominent business figures into the fold of IPL franchise ownership. Further details regarding the structure and completion of the deal are awaited.