As part of the deal, Irelia will retain a substantial minority stake of 33 per cent in the franchise. This strategic partnership between one of India's leading Business Groups and a globally ...

Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.

The controlling equity has been secured through Torrent's holding company Torrent Investments Private Limited (TIPL) from Irelia Company Pte Ltd, currently fully owned by funds managed or advised ...

Torrent will acquire the stake in Gujarat Titans from Irelia Company after it receives the necessary approvals. Meanwhile, reports stated that the Board of Control for Cricket in India (BCCI ...