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Mittal-Poonawalla Consortium Snags Rajasthan Royals For Rs 15,600 Crore

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Mittal-Poonawalla Consortium Snags Rajasthan Royals For Rs 15,600 Crore

Listen up, you culinary disasters! Lakshmi Mittal and Adar Poonawalla just grabbed a sizzling 75% of the Rajasthan Royals for a jaw-dropping Rs 15,600 crore! This isn’t just a sprinkle of salt; it’s a full-on flavor explosion! Expect the Mittals to whip this team into shape and turn up the heat in the IPL kitchen! Get ready for a feast of cricketing excellence!

08:25 am on Monday, 4 May, 2026 | MM Desk

Quick rundown

1.Lakshmi Mittal and Adar Poonawalla lead a major IPL acquisition.

2.Rajasthan Royals valued at $1.65 billion in historic deal.

3.Mittal family to hold a dominant 75% stake in the franchise.

4.The deal includes global franchises in South Africa and the Caribbean.

5.New ownership aims to boost both performance and commercial reach.

Quick rundown

1.Lakshmi Mittal and Adar Poonawalla lead a major IPL acquisition.

2.Rajasthan Royals valued at $1.65 billion in historic deal.

3.Mittal family to hold a dominant 75% stake in the franchise.

4.The deal includes global franchises in South Africa and the Caribbean.

5.New ownership aims to boost both performance and commercial reach.