RCB Sold to Birla Group in Landmark IPL Franchise Deal
In a major shake-up in the Indian Premier League, the Royal Challengers Bengaluru have been acquired by the Birla Group, marking a significant moment in the league’s evolving business landscape. The high-profile takeover reflects the growing interest of leading corporate giants in owning IPL franchises. The Aditya Birla group, along with Times of India Group, Bolt Ventures and Blackstone, has bought the state of RCB for INR 16,660 crores, marking one of the biggest franchise deals in IPL history. United Spirit, the owner of the franchise, made this disclosure in mandatory regulatory filings in Bombay Stock Exchange of India on Tuesday. Bolt Ventures and Blackstone’s perpetual private equity are the other members of the consortium that jointly bought the Royal Challengers Bengaluru. The decision to sell off 100 per cent stakes in RCB was approved by United Spirits Limited, owned by Diageo India. Jacob Bethell and Virat Kohli (image: X) “We wish to inform you that the board of directors of United Spirits Limited at its meeting held today, i.e., March 24, 2026, has inter …

