In the Indian Premier League Champion 2022, Gujarat Titans have been designed to set a new set of owners with the Torrent Group – Indian Business Group – in line to get a majority stake in the franchise. Ahmedabad -based franchise came into existence in 2021 when CVC Capital Partners bought the team 5,625 crores.
according to a PTI Report, Torrent Group is set to buy 67 percent stake in the team from CVC capital partners. The deal is waiting for the approval of the IPL Governing Council and BCCI, which will take the Torrent Group Franchise forward IPL 2025It starts from March 21. However, the assessment of the stake being sold by CVC Capital is unconfirmed.
An IPL source “an IPL source said,” Torrent Group, taking two third ownership (67 percent), is in an advanced stage. The only owner as a lock-in period for the CVC group ends in February 2025, after which they are free to sell bets, “an IPL source. Explained the news agency.
You need to know about the torrent group
Torrent Group is one of the largest names in the Indian pharmaceutical sector and almost evaluates 41,000 crores. He showed active interest in 2021 when the BCCI invited two new IPL teams to two new teams.
In 2021, the first bid for Ahmedabad, through its subsidiary, Torrent Sports Ventures Private Limited ( 4,653 crores) and Lucknow ( 4,356 crore) franchise. She also made a unsuccessful attempt after two years to acquire one of the three teams in the inaugural Women’s Premier League (WPL).
Travel to Gujarat Titans in IPL
Gujarat Titans When he won the title in his inaugural season in 2022, he shocked everyone. Hardik PandyaThey could make it two years in two years, the runner-up was abolished by Hardik Pandya-led side night. Chennai Super Kings In 2023.
With Hardik Pandya returning to Mumbai Indians in 2022, Shubman Gill was handed over to captaincy duties before IPL 2024. However, the Gujarat Titans finished eighth in the last season.
Apart from Shubman Gill, other prominent players of the team include Afghanistan spinner Rashid Khan. The franchise bought the choice of England White-Ball captain Jose Butler and India’s Pesar Mohammad Siraj before the IPL 2025 season.
