The Torrent Group has acquired the IPL franchise Gujarat Titans from CVC Capital following the BCCI approval. Torrent has purchased a 67% stake in Gujarat from Irelia Sports India Private Limited, while CVC Capital will have a 33% stake. The group has now received all the necessary approval from the Board of Control for Cricket in India (BCCI). The group has also issued a statement regarding the deal and said that the acquisition is now successfully fulfilled and all the conditions are fulfilled.
Torrent Group received Rs. Has invested Bought 67% stake in Gujarat Titans for Rs 5035 crore
According to media reports, the Torrent Group has raised Rs 1,000 crore. It has bought a 67% stake in Gujarat Titans for Rs 5035 crore. After landing in IPL 2022, the Gujarat team won the title in their first season under the captaincy of Hardik Pandya. After this, the team reached the final of this tournament next year. However, the team lost to Chennai Super Kings in the final. Due to this success of the team, there has been a 34 percent increase in the evaluation of the franchise in the last three years.
Last year, Gujarat’s team finished eighth.
Hardik left the team in the last season and joined his old team Mumbai Indians, after which young Shubman Gill was given the command of the team. Hardik’s departure also had an impact on the team’s performance last year, where the team was in the eighth position in the points table. But even after this, the team has once again expressed confidence in Gill and made him captain for this season.
The team once again expressed confidence in Gill.
The entire team of Gujarat Titans for IPL 2025 – Shubman Gill, Rashid Khan, Sai Sudarshan, Rahul Tewatia, Shah Rukh Khan, Jose Butler, Mohammad Siraj, Kagiso Rabada, famous Krishna, Washington Sundar, Sherfen Rutherford, Garald Koetji, R Sip Sharma, Mohammad Khan, Mohammad Khan, Mohammad Khan, R Kumar Kushagra, Human Society, Human Society Sindhu, Jayant Yadav, Glenn Philips, Karim Janat, Kulwant Khejuraralia.
