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SportsPosted at: Feb 12 2025 6:07PM


Torrent group to acquire majority stake in Gujarat Titans

New Delhi, Feb 12 (UNI) Marking its foray into sports sector, Torrent Group has entered into a definitive agreement to acquire a majority stake of 67% in the Indian Premier League (IPL) franchise, Gujarat Titans from Irelia Company Pte Ltd.
"The transaction is subject to customary closing conditions and approvals (including from BCCI)," the company said in a media release.
As part of the deal, Irelia will retain a substantial minority stake of 33% in the franchise.
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