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Aditya Birla Group Acquires Royal Challengers Bengaluru for $1.78 Billion

Key Figures:

• Rs 16,660 crore: Value of the all-cash deal for the acquisition of Royal Challengers Sports Private Limited
• $1.78 billion: Approximate value of the deal in USD
• 100%: Stake acquired by the consortium led by the Aditya Birla Group

Deal Overview

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In a significant move, a consortium led by the Aditya Birla Group has acquired Royal Challengers Sports Private Limited, the parent company of the Royal Challengers Bengaluru (RCB) team, for an all-cash deal valued at Rs 16,660 crore (approximately $1.78 billion). The acquisition ranks among the most expensive franchise acquisitions in cricket history and is subject to regulatory approvals from the Board of Control for Cricket in India (BCCI) and the Competition Commission of India.

The consortium has acquired the rights to operate both the men's IPL franchise and the Women's Premier League team, marking a major shift in ownership after years under the United Spirits umbrella.

New Leadership

Following the acquisition, Aryaman Birla, the 28-year-old son of Kumar Mangalam Birla, has been appointed chairman of RCB. Aryaman brings an uncommon blend of professional cricketing experience and corporate training to the role. He earned an MBA (Honours) from Harvard Business School and a Master's in Global Finance from Bayes Business School. Aryaman currently sits on the board of the Aditya Birla Management Corporation and holds directorship roles across key group companies, including Grasim Industries and Aditya Birla Fashion & Retail.

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