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Lakshmi Mittal family in partnership with Adar Poonawalla set to acquire controlling stake in Rajasthan Royals

Date:

May 3, 2026

Lakshmi Mittal family in partnership with Adar Poonawalla set to acquire controlling stake in Rajasthan Royals

The family of steel billionaire Lakshmi N. Mittal in partnership with Adar Poonawalla is set to acquire a controlling stake in IPL franchise Rajasthan Royals. The transaction consideration of about $1.65 billion represents the enterprise value of Rajasthan Royals' men's franchise, Paarl Royals in South Africa and Barbados Royals in the Caribbean. "Lakshmi N. Mittal and Aditya Mittal today announced…

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Lakshmi Mittal family in partnership with Adar Poonawalla set to acquire controlling stake in Rajasthan Royals

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‘IPL could not have better owners’: Lalit Modi welcomes Mittal family, Poonawalla acquisition of Rajasthan Royals

Vinesh flags fear of bias, says government to be responsible for any incident in Gonda

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‘IPL could not have better owners’: Lalit Modi welcomes Mittal family, Poonawalla acquisition of Rajasthan Royals

Vinesh flags fear of bias, says government to be responsible for any incident in Gonda

India’s RBSK 2.0: New Child Health Screening Guidelines

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‘IPL could not have better owners’: Lalit Modi welcomes Mittal family, Poonawalla acquisition of Rajasthan Royals

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