Days ahead of the opening of IPL 2026 season, the United Spirits Limited has announced that it has entered into agreements for the sale of the 100% equity stake held in its wholly owned subsidiary Royal Challengers Sports Private Limited — which owns and operates Royal Challengers Bengaluru.
It has been sold to a consortium comprising Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone’s perpetual private equity strategy, BXPE for a total consideration of ₹16,600 crore.
“Upon completion of this transaction, the consortium will, through its ownership of RCSPL, acquire the rights to own and operate the IPL and WPL franchise,” said a release.
Published – March 24, 2026 10:51 pm IST
